Solid Waste Board Approves Revenue Bonds Agreement
July 13, 2018
The Sidney Area Solid Waste Agency board met for one of its rare meetings Tuesday, approving issuance of revenue bonds to finance new equipment at the landfill.
Tuesday night was the fourth meeting since 1997 for the Sidney Area Solid Waste Agency board. Tuesday’s meeting was scheduled to review a proposed resolution authorizing issuance of revenue bonds to finance new baler and shredder at the landfill.
The resolution calls for a maximum of 4 percent interest and up to $1,575,000 to be paid back over 10 years.
Paul Donna, managing director for R.W. Baird, told the council there are “ce...