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Council authorizes $24.63 million sewer‑revenue bond sale for North Central sanitary line project
Summary
Bloomington approved a resolution April 13 authorizing issuance and sale of general obligation sewer revenue bonds (Series 2026C) to fund the North Central sanitary sewer line project; staff said sale is planned for mid‑May with proceeds to be used from the wastewater fund and that state or federal grants would reduce net borrowing if received.
The Bloomington City Council voted 6–0 April 13 to authorize issuance and sale of general obligation sewer revenue bonds, Series 2026C, to fund the North Central sanitary sewer line project.
Finance staff (Laurie Economy) explained the project is necessary to accommodate sanitary flows anticipated from higher‑density redevelopment near the Orange Line and I‑35W, and that…
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