CHICAGO - The Metropolitan St. Louis Sewer District will seek board approval tomorrow to place a $275 million bond referendum on the August ballot, which officials are promoting as a means to help keep down rate increases needed to fund a multibillion-dollar capital program.

If approved as expected, the district finance team as soon as next month would launch a competitive selection process for underwriters on upcoming financings, according to district treasurer Karl Tyminski.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.