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Commission codifies utility debt-repayment language; city says rates not changing
Summary
The commission passed Ordinance 2025-02 amending the code to clarify that water and wastewater rates may be adjusted to ensure debt service payments if other revenue sources are insufficient; city officials said the change does not raise current rates.
The City Commission of Newberry voted unanimously Feb. 10 to adopt Ordinance 2025-02, amending the municipal code related to repayment of water and wastewater debt and system maintenance.
Why it matters: The ordinance explicitly codifies language already present in the city's loan agreements requiring that utility rates can be adjusted if other revenue sources fail to cover debt service. Staff said the move was requested by the state lender as the city prepares a planned wastewater plant expansion.
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