City of St. Joseph to seek bonds for infrastructure projects

(95.3 MNC)

The City of St. Joseph is seeking bonds to pay for infrastructure projects this year.

City commissioners voted at Mondays meeting to publish a notice of intent to issue water system and sewer system bonds for up to $23 million in total.

The project would include replacing two large clarifiers at the water plant. Lead service line replacements and water service main replacements would also be included.

WSJM says that while the commission could seek up to $23 million in bonds, city leaders do not expect the work to cost that must. They say around $2.3 million would be forgiven by the state.

The city’s intent is to seek funds through Michigan’s Drinking Water Revolving Fund program, WSJM reports. The city could proceed with securing the funding 45 days after the publication of its intent.

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