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Westville adopts revenue bond ordinance to finance waterworks improvements
Summary
At a meeting called at 7:00 p.m., the town suspended rules and adopted Bond Ordinance 20 26 2 to fund additions and improvements to the waterworks, including filter building expansion, new wells and a planned water tower; the vote was 5-0.
The Westville Town Council adopted Bond Ordinance 20 26 2 after suspending the usual rules, authorizing revenue bonds to fund additions and improvements to the town's waterworks.
The chair (S1) introduced the ordinance and summarized its purpose: financing construction and upgrades to the town waterworks and related revenue collection and safeguards. "This is part of the financing for the project," the chair said, noting the state revolving loan fund as a financing source. The ordinance passed on first reading…
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