LOS ANGELES -- The nation's major wastewater treatment agencies plan to finance more than $20 billion of projects over the next five years, and bond proceeds will supply more than half of those funds, according to a survey released this month.

The Association of Metropolitan Sewerage Agencies, which includes 117 of the nation's largest wastewater agencies, said in its newly released 1990 financial survey that members expect to sell $8.8 billion of revenue bonds and $2 billion of general obligation bonds over the next five years to help meet long-term financing needs.

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