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Committee backs resolution to set parameters for refunding Huntington sewer and stormwater bonds
Summary
The Administration and Finance Committee on March 5 voted to forward resolution 2026-R-52 to full council to set parameters for refunding revenue bonds tied to a planned merger of Huntington’s sanitary and stormwater utilities; presenters said the action would not raise rates and will rebond current obligations.
On March 5 the Administration and Finance Committee voted to forward resolution 2026-R-52 to the full Huntington City Council with a favorable recommendation. The resolution sets parameters — dates, amounts, maturities, interest rates and redemption provisions — to refund revenue bonds connected to the planned combination of Huntington’s sanitary and stormwater utilities.
A presenter said the…
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