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Council adopts ordinance to enable lead‑service‑line replacement loan program
Summary
The council updated local ordinance language (Ordinance 6‑31) so the city can implement a Public Service Commission–approved loan-assistance program offering customers up to $4,000 with a 10-year repayment at 3% interest for private-side lead-service-line replacement; the change follows PSC approval and passed unanimously.
The New Richmond City Council approved Ordinance 6‑31 to incorporate a loan-assistance program for replacing private-side lead service lines, enabling the city to offer customers loans up to $4,000 with a repayment period of up to 10 years at a 3% interest rate.
Staff said the utility commission recommended the policy and that the city filed an application with the Public Service Commission earlier this year; staff reported the PSC had approved the program and that ordinance language in section 86‑136 of the New Richmond Court of Ordinances needed updating to implement it. The ordinance revision is intended to allow the utility to offer loan assistance for private-side lead-service-line replacement and to codify repayment terms and program administration.
Council moved to suspend the rules and approve the updated ordinance that evening; the motion passed on a roll call.
Next steps: staff to implement the loan program consistent with PSC approval and update public-facing materials so customers can apply for assistance.
