Indio Council authorizes up to $38 million water refunding bonds; staff say refinancing will save residents about $1.5–1.8 million The Indio City Council and Indio Water Authority unanimously approved resolutions allowing issuance of water revenue refunding bonds (series 2026A) in an amount not to exceed $38 million to refinance 2015 bonds; staff said the sale (estimate ~$33M) will reduce annual debt service by roughly $131,000 a year and produce present-value savings in the $1.5M–$1.8M range.

Indio City Council just approved a groundbreaking plan to refinance water-system bonds, potentially saving residents up to $1.8 million!

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City unveils water system upgrades including chromium 6 treatment and emergency preparedness City plans multiple upgrades to water facilities to enhance supply and treatment standards.

Indio is making major strides in enhancing its water supply and emergency preparedness, ensuring a safe and resilient future for its residents.

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