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Commission approves bond refunding authorization expected to save roughly $880,000
City Commission of Hudsonville · December 16, 2025
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Summary
The commission approved resolution 25-1824 authorizing refunding of 2007 Wyoming Water System bonds; Ottawa County public utilities director Patrick said the refunding could save an estimated $880,000 and reduce the wholesale rate by about 2.3 cents per 1,000 gallons if market conditions meet the minimum savings threshold.
The Hudsonville City Commission on Nov. 11 approved resolution 25-1824 authorizing the refunding of the 2007 Wyoming Water System bonds. Patrick, Ottawa County’s public utilities director, told the commission the refinancing opportunity could…
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