Blue Springs, Missouri
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The Financing
Sewer Improvements with State Financing
The State of Missouri offers low-interest financing for capital sewer projects. In order to qualify for the financing, the State requires the approval of the city’s voters. In 2008, the City succesfully received this approval when voters overwhelmingly approved Question 1 for the sewer improvment bond project.

Through this project, the City will issue a  $35 million bond for additional sewer capacity and to meet new environmental regulations.

By utilizing the State of Missouri’s low-interest financing, the City will be able to reduce otherwise projected increases in sewer rates necessary to repay the revenue bonds for the sewer plant expansion.

Because voters approved the issuance of these bonds in 2008, project costs will be reduced by an estimated $12 million over the 20-year financing period in which the plant expansion will be paid for.

Why Sewer Improvements?
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Improvement of the City’s existing sewer facility is a requirement for Missouri Department of Natural Resources (DNR) permit renewal. Without this special low interest state financing, the City will utilize other funding mechanisms at a higher market interest rate. With these rates, additional project costs will be incurred by Blue Springs sewer customers.

The approval of this bond financing package did not result in an increase of citizens’ property taxes, as this project will be paid for through Blue Springs water and sewer rates.

City of Blue Springs
903 West Main Street
Blue Springs, MO 64015

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