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Council notes Raymond James analysis for $4.5 million water project phase
Summary
Council referenced a Raymond James financial analysis for a proposed $4.5 million Phase 3 water treatment plant project; the item is at planning stage pending further review and procurement steps.
The council reviewed planning-level notes for water treatment plant improvements and acknowledged a Raymond James financial analysis for a proposed $4.5 million Phase 3 water project. Minutes indicate the analysis is preparatory work for potential financing and not an approval to proceed with construction or borrowing.
No votes or contract awards were recorded; staff will continue planning and bring procurement or financing items back to the council for future action when appropriate.
