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La Grange Park approves MWRD IGA and bond ordinance to advance central-area sewer separation project
Summary
Trustees approved an intergovernmental agreement with the Metropolitan Water Reclamation District of Greater Chicago to reimburse 43% of construction costs for a central-area sewer separation project and adopted a bond ordinance authorizing up to $5 million in general-obligation bonds to finance the village’s share; staff said no sewer rate increase is required.
The Village of La Grange Park on Dec. 13 approved a pair of financing steps tied to a central-area sewer separation program: an intergovernmental agreement (IGA) with the Metropolitan Water Reclamation District of Greater Chicago (MWRDGC) to reimburse a portion of construction costs, and a revised bond ordinance authorizing issuance of up to $5 million in general-obligation bonds to support the project.
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