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Sewer board OKs up to $2.4 million in tax-free bonds

June 7, 2013

    The Adams County Regional Sewer District board, with four of its seven members present, voted on Thursday evening to issue up to $2.4 million in tax-free municipal bonds to finance the county's first-ever rural sewer endeavor. Bond anticipation notes will be sold in advance of the bonds as the district inches toward the start of a project that has been several years in the making and filled with controversy along the way.
    The board in April voted unanimously to proceed with plans to construct a rural sewer system to serve approximately 233 households in the outlying areas of Monmouth, Bobo, Pleasant Mills and Arcadia Village.
    Once constructed, the sewer system will collect household sewage from the targeted areas and pump it to the city of Decatur's wastewater treatment plant for treatment. The estimated monthly cost to affected homeowners has been set at around $86.
    Further details in today's print and e-editions.
 

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