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Box Elder Council approves revenue bond and $3.40 sewer surcharge to fund Highway 1416 upgrades
Summary
Council approved resolution 25-12 to authorize revenue bond financing for Highway 1416 sewer upgrades and resolution 25-13 to add a $3.40 monthly surcharge per utility user, with the surcharge expected to begin June 1 and subject to annual review.
Box Elder’s City Council on (date not specified) approved a revenue bond financing package and a customer surcharge to fund Phase 1 of the Highway 1416 sewer upgrades. Interim Finance Officer Renee Baker told the council the resolutions are needed to close Loan 2 for the project and that the surcharge would likely be implemented on June 1.
“We’re set to close on this loan just a couple of…
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