Voters will determine fate of Bourbon bond issue

Parent Category: News Category: Bourbon and Leasburg News Written by Chris Daniels Hits: 1362

Bourbon residents will determine the fate of a $3 million bond issue aimed at improving city water and sewer services on August 2.

The ballot language reads: “Resident voters living in the city of Bourbon will be asked to answer the following question: Shall the City of Bourbon, Missouri, issue its combined waterworks and sewerage system revenue bonds in the amount of $3,000,000 for the purpose of acquiring, constructing, furnishing, equipping, extending and improving the City’s combined waterworks and sewerage system, the cost of operation and maintenance of said system and the principal of and interest on said revenue bonds to be payable solely from the revenue derived by the City from the operation of its combined waterworks and sewerage system including all future extensions and improvements thereto?”