Borough introduces electric revenue bond for Scow Bay generator

Petersburg voters will likely decide this fall whether the borough can borrow up to $3,315,000 to finish the Scow Bay standby generation project, after the assembly approved the that ordinance’s first reading on Monday.

Ordinance 2026-13 would authorize electric-utility revenue bonds of not more than $3,315,000 for the Scow Bay standby generator, which Petersburg Municipal Power and Light says faces a budget shortfall driven by construction-cost increases since the project began. If it clears three readings, the borrowing question goes on the Oct. 6 ballot.

The project adds a standby diesel ge...

 
 

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