Council hears first reading of bond ordinance to replace lead water service lines
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Summary
At first reading, Council considered an ordinance to issue a guaranteed revenue bond of up to $756,132 to fund replacement of lead service lines; city staff said the total project cost is about $1.7 million with $953,000 expected from grants and the loan portion at roughly 1% for 30 years.
Lancaster City Council held the first reading of Administration Bill 13-20-25 on Nov. 11, an ordinance that would increase the city’s indebtedness through the issuance of a guaranteed revenue bond with a maximum principal amount of $756,132 to replace lead water service lines.
City Council members discussed financing details during the committee reports and first reading, noting the full project cost is about $1,700,000 with $953,000 expected to be covered by grant funding; the remaining amount—approximately $756,000—would be financed by the bond at an estimated 1% fixed interest rate for 30 years. Councilor Royal emphasized the low projected interest rate and staff noted the note would cover approximately 108 new service lines based on current planning.
Resident Darlene Byrd asked whether the city maintains a public report identifying which lead lines have been replaced and which remain. City staff said they could request a locations report from Public Works and confirmed the current authorization would cover about 108 lines.
This session was a first reading only; council took no final vote. Staff indicated a future meeting will include additional details and a formal motion for adoption if members choose to proceed.
