Council ends standoff, approves $90M water/sewer project
by Associated Press
Published: December 18,2012
Tags: city, construction, council, elected official, enhancement, government, improvement, infrastructure, mayor, municipal, municipality, pipe, politician, Politics, public official, sewage, sewer, waste water, water
JACKSON — The Jackson City Council has ended a month-long standoff with the administration over a $90-million water and sewer project, after receiving assurances they would have another chance to weigh in on the proposed deal.
The Economic Development Committee and then the council voted to spend more than $400,000 to hire bond counsel and other financial and legal advisers to help the city craft the proposed deal.
The Clarion-Ledger reports the deal should be signed by the end of the month.
The water and sewer package, awarded to Siemens at an October council meeting, is not the typical infrastructure contract. It will bankroll $90 million of improvements, including water meter installations, water plant upgrades and sewer line repairs, using projected savings and revenue that Siemens will guarantee.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- DMR pays accounting firm more than double contract's worth
- Following ruling, Entergy to hand over records to county
- Chris McDaniel gets a thank you note from Travis Childers
- UPDATED: House subcommittee tosses discrimination elements from religious freedom bill
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Gulf Coast's design studio teaches lessons on sustainability
- Mississippi ag aviation plays a critical role in production and profitability
- Corps allots more funding to projects in Mississippi
- Senate passes teacher pay raise legislation