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Bourbon to Fund New Water Meters the IN Bond Bank

Bourbon Water Tower_1The Bourbon Town Council is moving ahead with the purchase and installation of new water meters. Steve Stacy, Superintendent of Water/Wastewater, had explained the problems they have been experiencing with the current meters and the need for purchasing new meters over the past several months; however, the project was on hold as the town sought funding.

At the February 11th town council meeting, Clerk/Treasurer Kim BergerĀ told council members that they are funding the $157,300 project through a bond with the Indiana Bond BankĀ at 2.128 percent interest over a seven-year period.