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Vermillion council approves wastewater rate hike and authorizes revenue bond to finance treatment-plant work
Summary
The City Council approved increasing wastewater billing rates to meet loan conditions and authorized up to $23.1 million in revenue bonds to finance planned wastewater treatment plant improvements, with new rates scheduled to take effect in April 2027.
The Vermillion City Council voted to raise wastewater billing rates and to authorize revenue bonds to fund major wastewater treatment plant improvements.
City staff said the wastewater treatment upgrades are expected to cost as much as $23,100,000 and that the state requires rates to be raised to secure the loan. Administration recommended increasing wastewater charges to 211 percent of benchmark rates; staff projected that change would raise the monthly bill for the average user from $52.56 to $65.23—an increase of $12.68…
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