Jul 24, 2013 02:32 Hammond seeks input on sewer bonds Hammond seeks input on sewer bonds The Associated Press July 24, 2013 Comments HAMMOND — The City Council has scheduled a public hearing for Aug. 20 on a proposal to issue $5 million in bonds to pay for upgrading the city’s sewer system. The hearing, approved unanimously by the council this past week, is the first step in the process to issue the bonds. The proposed bond would have a life of 22 years at an interest rate of slightly less than 1 percent, officials said. It would pay for equipment, labor and other costs incurred in reworking the sewer system. The hearing will give Hammond residents a chance to voice opinions about the town’s sewer system and the need for the bond issue. Mayor Mayson Foster said standing water is part of an odor issue that has been plaguing Hammond. The mayor said he hopes that the sewer system improvements will solve at least part of the problem.