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County, Riverside clash over infrastructure bonds
Posted: March 31, 2009 @ 7:46 am In Today's Local News
Washington County Supervisors are trying to work out a sticky situation with the city of Riverside. County Auditor Bill Fredricks says they are discussing a contract the two entities forged when the Riverside Casino was built. He says it deals with bonds issued by the county, to help Riverside purchase new water and wastewater facilities. He says the county issued bonds to help pay for Riverside’s facilities, under the agreement that the city would pay them annually until the bonds had been relieved. Fredrick’s says the city of Riverside now feels they shouldn’t have to make the annual payments. He says that’s been a point of contention between the county and Riverside.
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