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Council debates water meter replacement, seeks EPA financing to preserve borrowing capacity
Summary
Council members and staff discussed replacing the city's water meters, whether replacement requires competitive bidding, potential EPA low-interest financing, and concerns about a vendor price increase set for the end of March; no formal contract award was made.
Ironton City Council members and staff spent substantial time on March 27 discussing replacement of the city’s water meters, financing options and the procurement process, but did not award a contract.
Council and staff said a plan has emerged to replace existing meters rather than repair parts, and that some vendors have quoted new, modern meter systems. Staff and finance officials discussed pursuing an EPA loan to finance the project to preserve the city’s bonding capacity, and they also…
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