MH City Council to discuss bonds for sewer plant, funds for NCA Economic Alliance

MH City Council to discuss bonds for sewer plant, funds for NCA Economic Alliance

Before the Mountain Home City Council meets Thursday night, a public hearing will be held at 4:45 regarding the proposed 2025 Water-Sewer bonds. When the City Council meets afterwards, they will have two expenditures to discuss. The biggest will be the issuance of $10 million in bonds to finance the completion of the waste water treatment plant. The money will go into the 2025 budget for the work. The council will also consider renewing its cont…

Utilities boss sees fiscal path for new plant

Water-Sewer Director Rob Bolton has figured out a way to move forward with Vero’s new state-of-the-art sewer plant despite the city’s current financial and credit challenges. Bolton now plans to wait until 2026 – when the city’s audit troubles will have hopefully passed – before seeking an estimated $140 million in bond funding to finance the portion of the $177 million project not expected to be covered by state or federal grants. In the interi…