LOS ANGELES — Drought­inspired water and wastewater projects in California are moving forward despite record rainfall this year.

Sacramento – The California Infrastructure and Economic Development Bank (IBank) Board will vote on whether to approve a public offering of $450 million of tax-exempt green bonds. The bond proceeds will assist the State Water Resources Control Board (SWRCB) in providing low-cost financing for critical water projects throughout California through its Clean Water State Revolving Fund.