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Clear-well water project remains costly; staff flag borrowing and rate implications
Summary
City staff said the Clearwell water treatment project has long been in the CIP (previously cited at roughly $90 million), remains unborrowed and could require borrowing or ratepayer decisions depending on public-service commission determinations.
City staff reminded the council that major water-utility projects remain outstanding and flagged uncertainties about funding and potential impacts on rates and borrowing.
The Clearwell project (previously shown in CIP materials at about $90 million) and other large utility items such as ozone and liquid-oxygen systems were described as outstanding utility projects that the city has not yet borrowed for and that…
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