The city of Picayune will issue $3 million in utility system revenue bonds to upgrade and extend the local natural gas lines. The city operates its own natural gas system
The Picayune Item reports that city clerk Amber Hinton told the city council that the bonds would be repaid out of the utility fund. She says no tax increase or increase in utility gas rates would result from issuance of the bonds.
A recent annexation means an extension of the natural gas lines and utilities into new areas of the city. The city also must remove a large portion of old cast iron gas lines that officials think are leaking.
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