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Ravenswood council approves ordinances authorizing up to $33.5 million in sewer bonds

Ravenswood Common Council · June 2, 2026
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Summary

On June 2, 2026, the Ravenswood Common Council approved ordinances authorizing Sewer Revenue Bonds—Series 2026 A, B and C—to fund sewer system additions and improvements, and approved a supplemental resolution extending a construction note maturity to Dec. 31, 2026. Minutes record the motions as approved.

The Ravenswood Common Council on June 2, 2026 approved ordinances authorizing the issuance of Sewer Revenue Bonds to finance additions and improvements to the city's sewer system.

The ordinances cover Sewer Revenue Bonds, Series 2026 A (West Virginia SRF Program) in an amount not to exceed $3,500,000; Series 2026 B (West Virginia SRF Program) in an amount not to exceed $15,000,000; and Series 2026 C (West Virginia Infrastructure Fund) in an amount not to exceed $15,000,000. According to the minutes, motions to adopt the third readings were made and recorded as approved.

Why it matters: the bonds, if issued, would provide the capital needed for planned sewer improvements and would replace or refinance prior notes tied to ongoing construction work. Council discussion as recorded in the minutes was procedural and focused on the ordinance language and financing programs; the minutes do not include extended debate or public comment on the bond ordinances.

Motion and procedure details: for the Series 2026 A ordinance the motion was made by Councilor Todd Ritchie and seconded by Councilor Jeff Koon; for the Series 2026 B and C ordinances the motion to approve was recorded as made by Councilor Dee Scritchfield (seconded by Amanda Slaven, per the minutes). The minutes record each motion as approved (the text reads 'All Approved'); the minutes do not list individual roll-call votes or vote tallies.

Related debt action: the council also approved a Sixth Supplemental Resolution to extend the maturity date of the Construction Anticipation Notes, Series 2020 A to December 31, 2026. The minutes record Jeff Koon as the mover and Todd Ritchie as the seconder and show the motion as approved.

What’s next: the ordinances' approval on third reading authorizes the city to proceed with steps necessary to issue the bonds under the stated programs; the minutes do not include a schedule for bond sale or closing dates.

Authorities and references: the measures are recorded in the meeting minutes as ordinances authorizing Sewer Revenue Bonds, Series 2026 A, B and C and a Sixth Supplemental Resolution extending the maturity date of Construction Anticipation Notes, Series 2020 A.