GLWA Bond Sale Reflects Oakland County Practices

The $309.1 million in cash savings and $251.8 million in new capital projects generated from the Great Lakes Water Authority (GLWA) $1.3 billion inaugural bond sale highlights how the formation of the authority is helping to bring fiscal responsibility to the water and sewer system, Oakland County Executive L. Brooks Patterson said today. "When we negotiated the make-up of the GLWA board, we did so with the long-range vision that it would adopt Oakland County‚Äôs best fiscal and purchasing … [Read more...]