Utility District Receives Loan For System Upgrades

Comment   Email   Print
Related Articles
MURFREESBORO – Officials at the Tennessee Utility Assistance, LLC (TUA) recently announced that the West Warren-Viola Utility District of Warren and Coffee Counties, Tenn., has closed on a $4.5 million loan through the TUA, LLC municipal finance program.

Funding from the loan will be used to upgrade the utility’s system and refinance several of the District’s outstanding obligations at a lower interest rate.

The loan issue received an “A+” rating from Standard & Poor’s, a reflection of the District’s well-managed financial operations. This excellent bond rating is indicative of careful decision-making from the District’s Board of Commissioners and leadership from District management to foresee future needs and make ample preparations.

The District serves more than 5,000 water and sewer customers in Warren, Coffee, Grundy and Cannon counties.
Read more from:
Comment   Email   Print
Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: