Vernal Express | 1978-04-13 | Page 15 | State Approves Maeser Water Bonds Commitment

State approves approve r Maeser water bonds The State Board of Water Resources Friday committed to buy water revenue bonds to help pay for a well drilled by Maeser Water Improvement District to serve its customers three miles northwest of Vernal Board members authorized purchase of the bonds at their regular February meeting Voters in the district last month went to the polls to approve the bond issue Maeser l will make an initial investment investment in in- vestment of to pay the remainder of the well cost The actual sale is expected to take place later this month The district will retire the bonds over an year eight period with annual installments of