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AN ORDINANCE AUTHORIZING THE ACQUISITION, CONSTRUCTION AND INSTALLATION BY THE CITY OF BLOOMINGTON, INDIANA, OF CERTAIN EXTENSIONS AND IMPROVEMENTS TO THE CITY'S SEWAGE WORKS UTILITY, THE ISSUANCE AND SALE OF REVENUE BONDS TO PROVIDE FUNDS FOR THE PAYMENT OF THE COSTS THEREOF, AND THE COLLECTION, SEGREGATION AND DISTRIBUTION OF THE REVENUES OF SUCH SEWAGE WORKS AND OTHER RELATED MATTERS

This ordinance authorizes the City of Bloomington to issue its Sewage Works Revenue Bonds of 2024 in the aggregate principal amount not to exceed $55,000,000. The 2024 bonds will be issued to finance the second phase of modernizing the Dillman Road WWTP, the Blucher Pool Waste Water Treatment Plant, the Collection System Project, other projects, and to pay costs of issuance of the bonds.

Amends CodeNo
Final 2023-12-06 pass 8-0-0 (Sims, absent)
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