Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Water Works staff warns of Senate Bill 6; board approves reinvestment of $600,000 in CDs at Horizon Bank
Summary
At the Feb. 10 meeting, staff said the water industry is opposing Indiana Senate Bill 6 and the board voted to reinvest two matured certificates of deposit — $400,000 from the tank painting fund and $200,000 from the improvement fund — in six‑month CDs at Horizon Bank at about 3.25%.
During new business at the Feb. 10 meeting, an unnamed Water Works staff member told the board that Indiana Senate Bill 6 includes added notification requirements around property acquisition affecting municipal water and wastewater utilities and that the water industry is "pushing back" against the proposal. The staff member said he spoke…
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
