Board inches closer to holding bond election
Seeley Lake Sewer Board
October 29, 2020
SEELEY LAKE – At the Oct. 22 meeting, the Seeley Lake Sewer District Board continued on its path toward holding a bond election.
The Board was presented with a draft resolution to hold a bond election. The District’s Bond Council Dan Semmens said that if the Board wants to move forward with an election date in February of 2021, it should adopt the resolution at its November meeting.
There would be two types of bonds. A general obligation bond would pay for the treatment plant, force main and lift stations and a revenue bond would pay for Phase 1’s collection system. The general obliga...