Mar 8, 2016 11:52 AM
UPDATE: Portsmouth officials delay vote on Peirce Island upgrade
The Associated Press
PORTSMOUTH, N.H. (AP) — Portsmouth officials have delayed a vote on authorizing a $75 million bond toward an $84 million plan to upgrade the existing Peirce Island wastewater plant after residents argued against it.
The Portsmouth Herald reports residents on Monday spoke out against building the new plant at the city-owned island in Portsmouth's South End, asking the city council to consider building a new plant at the Pease International Tradeport.
The council voted to recess the meeting until next Monday.
Councilors last month passed the first reading of the request to borrow money toward the project. Officials have said the city is trying to get the $75 million authorization to pay for the plant out of the state's revolving fund loan program, which would be a 20-year term at 2.5 percent.