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Water Works seeks up to $140 million in revenue bonds to fund PFAS compliance and system upgrades
Summary
Columbus Water Works asked council to adopt a parameter resolution authorizing up to $140 million in water and sewer revenue bonds to finance capital projects — including an $80 million PFAS treatment program — plus refundings expected to produce material present‑value savings.
Water Works leadership asked the Columbus City Council to adopt a parameter bond resolution authorizing up to $140,000,000 in water and sewage revenue bonds to finance capital improvements and refund higher‑cost debt.
Jeremy Cummings, speaking for Columbus Water Works, said the largest single item in the capital request is the city’s PFAS/PFOS treatment program (estimated at about $80,000,000) to meet forthcoming regulatory requirements;…
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