Shepherdsville approves financing for interceptor line

 SHEPHERDSVILLE - With one more influx of funds, Shepherdsville officials are hoping it might be the last hurdle to clear in its quest for financial stability.

The Shepherdsville City Council approved a general obligation bond issue to generate $3.5 million needed to complete a sewer interceptor line as part of a federal Environmental Protection Agency mandate.

According to financial adviser Marty Brown, the city’s first payment would not be due until June 1, 2012. Payments on the interest would be made each June and December.

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