UPDATE: GUC commissioners approve $73.5 million bond

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GREENVILLE, N.C. (WNCT) – Greenville Utilities’ Board of Commissioners unanimously approved a measure on Thursday to borrow more than $73 million to ultimately save customers money.

About $43.5 million will go to 15 projects to upgrade some of GUC’s facilities including the wastewater and water treatment plants.

“We do want people to know that we’re professionals; we care about the environment,” Jason Manning, wastewater treatment plant superintendent, said. “It’s always good to have their support for projects such as this.”

GUC spokesman Steve Hawley said the upgrades will prevent possible failures at its plants.

“We do provide life-sustaining services, and we try to utilize our equipment as long as we possibly can,” Hawley said. “If you wait too long to replace some of these things, then you have failures in your service, and people are depending on those services.”

The remaining $30 million will refinance existing debt to save customers $2 million.

The Greenville City Council still needs to approve the bond before going back to the Local Government Commission for final approval.

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