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Crest Hill council authorizes up to $4.4M IEPA waterworks and sewer revenue bonds; one abstention
Summary
The council approved Ordinance 2048 authorizing issuance of not-to-exceed $4.4 million in waterworks and sewer revenue bonds (junior lien) to the Illinois Environmental Protection Agency to fund water and sewer system improvements. One councilor abstained, citing a potential conflict with his employer.
The Crest Hill City Council voted on Feb. 17 to adopt Ordinance 2048, authorizing issuance of not-to-exceed $4.4 million in waterworks and sewer revenue bonds to be sold to the Illinois Environmental Protection Agency to pay for improvements to the city’s combined waterworks and sewer system.
City Engineer Ron Wiedemann told the council the ordinance…
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