Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Michigan City backs up to $60.5 million in waterworks revenue bonds to fund mains, upgrades
Summary
Council voted 9-0 to support the Department of Waterworks in pursuing up to $60,500,000 in revenue bonds and an IURC rate case to finance capital projects and main replacements; officials said the work is not for the new data center and will be phased to soften rate impacts.
The Michigan City Common Council on Dec. 16 voted unanimously to support the Department of Waterworks' plan to pursue waterworks revenue bonds not to exceed $60,500,000 and to seek approval from the Indiana Utility Regulatory Commission as required in a rate case.
Chris Johnson, superintendent of the Department of Waterworks, told the council the bonding package is intended to finance large construction projects, upgrade booster stations, make disinfectant improvements for remote portions of the system and dedicate roughly $3 million a year to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
