State Bond Commission approves $12 million to improve Iowa sewer - KPLC 7 News, Lake Charles, Louisiana

State Bond Commission approves $12 million to improve Iowa sewer and waste water system

(Source: KPLC) (Source: KPLC)
BATON ROUGE, LA (KPLC) -

The State Bond Commission has approved $12 million for Iowa to make improvements to its sewer and wastewater system, according to State Treasurer Ron Henson.

The funds are in the form of Public Improvement Revenue Bonds.

The commission approved a total of $971 million for statewide projects, along with $53 million in interest savings. 

"We had several local governments and political subdivisions take advantage of favorable market conditions to refinance debt and save taxpayers money," said State Treasurer Henson. "As a result, we were able to save taxpayers $53 million."

For more information on other state-approved projects, visit www.LATreasury.com.

Copyright 2017 KPLC. All rights reserved.

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