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  • County to sell $25 million in bonds to fund wastewater improvements

    Feb 07, 2019 | Read More News
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    The Pima County Board of Supervisors on Feb. 5 unanimously approved the sale of $25 million in Sewer System Revenue Obligation Bonds. The sale of the bonds will fund 22 improvement projects across the regional wastewater system. 
    wastewater
    The largest of the project bonds will fund a conveyance system repair and replacement program serving ratepayers in the Continental Ranch area. 

    Another project the bond sales will fund is the interconnect to the Aerospace Corridor area that services south of Tucson International Airport. 

    The Regional Wastewater Reclamation Department also intends to connect the sub-regional water reclamation facility on the Pima County Fairgrounds property to the existing conveyance system which will allow closure of that facility. 

    Bond funds will be used to pay for treatment and conveyance projects listed in the Regional Wastewater Reclamation Department’s Fund's for its Capital Improvement Program adopted by the Board of Supervisors in the Fiscal Year 2018-19 Adopted Budget. 

    The County often pays for sewer system capital costs by financing them over time. In this way, the costs of the capital assets are better spread throughout the period of time the assets are providing benefits to ratepayers. These obligations will be repaid within 15 years from Wastewater revenues.