To comply with federal and state clean water requirements, shall The Metropolitan St. Louis Sewer District (MSD) issue its sewer system revenue bonds in the amount of
Two Hundred Seventy-five Million Dollars ($275,000,000) for the purpose of designing, constructing, improving, renovating, repairing, replacing and equipping new and
existing MSD sewer facilities and system, including sewer disposal and treatment plants, sanitary and combined sanitary and stormwater sewers, and acquisition of
easements and real property related thereto, the cost of operation and maintenance of said sewer system and the principal of and interest on said revenue bonds to be
payable solely from the revenues derived by MSD from the operation of its sanitary sewer system, including all future extensions and improvements thereto?
Yes
No
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Nonpartisan Information
League of Women Voters of Saint Louis
- Proposition Y provides for a revenue bond issue to finance a portion of Phase II of the Metropolitan St. Louis Sewer District (MSD) Capital Improvement and Replacement Program for the purpose of upgrading the sewer system to meet federal and state environmental requirements. If Proposition Y passes, Phase II will be financed with a combination of bond and pay-as-you-go financing. If Proposition Y fails, the financing will be completely by pay-as-you-go, resulting in a higher rate increase.
General Links
- Metropolitan Saint Louis Sewer District
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League of Women Voters of St Louis Information Service
Pass:
108,645 /
75.3% Yes votes ......
35,569 /
24.7% No votes