City HallSaturday, November 14
St. Petersburg voters approve a water bond that lets the city borrow up to $600 million
The 5AM St. Petersburg team
If you've ever wondered who pays for St. Pete's pipes and drains, voters just answered. They approved the Stormwater, Wastewater and Potable Water Improvements general obligation bond, which lets the city borrow up to $600 million.
The Nov. 3 referendum passed with 74% support, according to unofficial Pinellas County election results. The city says its systems are aging, and heavier rainfall, tidal conditions and groundwater impacts add strain.
“These are the systems residents depend on every day, and they often go unseen until something changes.”
$600 millionthe most the city can borrow under the bond
The bond lets the city accelerate the work.
Source: Beacon Media
Nov. 3 also put St. Petersburg's mayor and City Council Districts 2 and 6 on the ballot.
- Covers: stormwater, wastewater and potable water improvements
- Funding today: utility rate funding
Sources: Beacon Media, St. Petersburg Patch