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Middleton council authorizes mayor to apply to Idaho Bond Bank to finance wastewater plant upgrade
Summary
The council authorized the mayor to submit an application to the Idaho Bond Bank to secure financing for a large wastewater treatment plant capital project, after staff and the city's financial adviser described the bank's pooled-credit benefits.
Middleton’s City Council on Nov. 19 voted to authorize the mayor to submit an application to the Idaho Bond Bank to finance a planned large-scale upgrade at the city’s wastewater treatment plant.
Public Works Director Jason Van Gilder told the council the project requires a “large capital expenditure at the wastewater treatment plant,” and that previous design work and rate studies are…
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