Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Bonds topic
No spam. Unsubscribe anytime.
Trappe approves bond authorization ordinance to fund sewer pumping station work
Summary
Ordinance 5-2024 authorizing the issuance and sale of up to $1,141,000 in bonds to repair and upgrade sanitary sewer pumping stations and related improvements was adopted unanimously following a public hearing with no comments.
Get email alerts on the Municipal Bonds topic
No spam. Unsubscribe anytime.
The Trappe Town Council adopted Ordinance 5-2024 on Dec. 4, authorizing the issuance and sale of up to $1,141,000 in bonds to finance repairs, upgrades and replacements of sanitary sewer pumping stations and other public improvements.
The ordinance text describes bond issuance under Sections 19-301 et seq. of the Local Government Article of the Annotated Code of Maryland and Section 612 of the Town Charter. The public hearing produced no comments; Commissioner Jeremy Newnam moved adoption and Commissioner Water Chase seconded. The motion passed unanimously.
The ordinance designates projects to be financed with the bond proceeds; the council did not specify project-level schedules or contractor awards in this vote.
