STARKVILLE, Miss. (WTVA) - Starkville’s sewer and electric systems will receive an upgrade, reports the Starkville Daily News.
During Tuesday’s Board of Aldermen meeting, Starkville Utilities came before the board for approval to issue two revenue bonds for two separate projects.
The issuance of the bonds both passed with 6-1, the newspaper reports.
One bond is for improvements to Starkville’s water and sewer system. That bond is capped at $10 million.
The second bond is for improvements to Starkville’s electric system. That bond is capped at $12 million.
Starkville Utilities General Manager Terry Kemp told the Starkville Daily News these bonds will not impact the city.
Both projects are being funded through revenue bonds, which means the project will be funded through the rates Starkville Utilities charges.
Kemp said no rate changes are planned at this time for either capital project.