More Bonds Needed to Pay for White River Irrigation Project - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

More Bonds Needed to Pay for White River Irrigation Project

FEBRUARY 23, 2007 - Posted at 7:27 a.m. CST

 

LITTLE ROCK, AR - The Arkansas Natural Resources Commission's director says the agency needs to be able to issue more bonds to help pay for additional costs for the Grand Prarie Irrigation project.

Commission director Randy Young told the Joint Budget Committee yesterday that he will ask the Legislature to put a bond issue before the voters in 2008.  He said the proposal would allow the agency to issue an additional $300 million in bonds to pay for irrigation and water projects.

Young and officials from the White River Irrigation District told lawmakers that the cost of the project has grown from its original estimate of $318 million to between $396 million and $437 million.

Young said the commission currently has about $170 million remaining in unobligated bonds, and said the agency needs additional money to pay for the Grand Prarie and other projects.

(Copyright 2007 by The Associated Press.  All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • School uses policy to build trust

    School uses policy to build trust

    Wednesday, August 16 2017 10:38 PM EDT2017-08-17 02:38:51 GMT
    Wednesday, August 16 2017 11:38 PM EDT2017-08-17 03:38:02 GMT
    A student signs a trust policy Wednesday at East Poinsett County. (Source: KAIT)A student signs a trust policy Wednesday at East Poinsett County. (Source: KAIT)

    It has been said that trust is earned among people and a Poinsett County school district is working to build it between students and administrators. 

    It has been said that trust is earned among people and a Poinsett County school district is working to build it between students and administrators. 

  • Kids get colorful in first ever paint war

    Kids get colorful in first ever paint war

    Wednesday, August 16 2017 11:32 PM EDT2017-08-17 03:32:08 GMT
    Wednesday, August 16 2017 11:36 PM EDT2017-08-17 03:36:33 GMT
    (Source: KAIT)(Source: KAIT)

    At least 500 students in Jonesboro packed the packed the field behind Central Baptist Church for its Back to School Paint War.

    At least 500 students in Jonesboro packed the packed the field behind Central Baptist Church for its Back to School Paint War.

  • $90 million of help approved for flood victims

    $90 million of help approved for flood victims

    Wednesday, August 16 2017 11:10 PM EDT2017-08-17 03:10:02 GMT
    Wednesday, August 16 2017 11:35 PM EDT2017-08-17 03:35:45 GMT
    Missouri residents have received at least $90 million in help from flooding earlier this year. (Source: KFVS)Missouri residents have received at least $90 million in help from flooding earlier this year. (Source: KFVS)

    Missouri residents have received at least $90 million in funding to help with damages from storms and flooding earlier this year, officials said Wednesday.

    Missouri residents have received at least $90 million in funding to help with damages from storms and flooding earlier this year, officials said Wednesday.

Powered by Frankly