GREENVILLE, Miss. (AP) — A Mississippi city is borrowing money to help pay for improvements to its sewer system.
Greenville Takes Out Short-Term Loan for Sewer Project
12/31/2017
The Delta Democrat-Times reports that Greenville City Council members voted for the $2 million short-term loan during their final meeting of 2017.
The loan is a tax anticipation note, which must be repaid by March 15. This is the first time since 2012 for Greenville to take out a short-term loan of this type.
The Environmental Protection Agency is requiring Greenville to eliminate the possibility of sewer overflows. The project costs about $20.5 million. The city has been paid about $2.6 million for it since 2014.
Related News
From Archive
Sign up to Receive Our Newsletter
- PHMSA warns of heat risks in aging plastic gas distribution pipelines following deadly Pennsylvania explosion
- OSHA seeks $1.2 million fine after fatal trench collapse in Connecticut
- Phase 1 Alaska LNG pipeline advances with construction awards, pipe supply agreements
- OSHA issues 16 citations following fatal sewer confined space incident
- Gateway Tunnel construction faces shutdown next week as Trump withholds federal funding
- T-Mobile to expand fiber broadband infrastructure footprint with $4.9 billion Metronet acquisition
- First tunnel boring machines complete testing for Hudson Tunnel Project
- NWPX grows water infrastructure portfolio with Colorado precast facility
- Cityside launches $100 million fiber build in Corona, Calif.
- FiberLight to build 1,400-mile West Texas dark fiber network in $350 million expansion
Comments