CROSBY A bond of $10,000,000 will be voted on May 7 that is not expected to vary from the current range of $.0.55 to $0.57 per $100 valuation to continue the Bond of 2006 to be sold in protions over the next decade.
Much of the commercial businesses and the residential areas outside of Newport south of Clara Road to US 90 at FM 2100 are within the boundries of Crosby Municipal Utility District. Some of the water and sewer facilities are 50 years old.
Voting will be held at 103 W. Wahl Street at the water office from 7:00 a.m. until 7:00 p.m. that Saturday.
The bond is to be used to pay for expansions and maintenance to the drinking water treatment plant, replacement of corroded or leaking drinking waterlines and extension of new waterlines, extensions and maintenance of sewage treatment facility and repair of old leaking sewer lines, manholes and extensions of new sewer lines.
The bond is said to be an effective way to have future residents and industry help pay for facilities built soon.
The $10,000,000 bond sold in 2006 were sold over the last 10 years and this $10,000,000 bond is to be sold in portions over the next decade. Projects are publicly bid to assure competitive pricing. Nearly $2,000,000 of matching grant funds have been obtained to meet the needs of the expanding district.