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Erie lays out $126 million capital plan; water treatment plant dominates costs
Summary
Town finance staff told the council the town’s CIP totals roughly $126 million across funds, largely driven by water‑system projects including a planned water treatment plant; staff outlined funding sources, cash funding vs. bonds, and construction‑cost risks.
Erie — Town finance staff presented a five‑year capital improvement program worth about $126 million across all funds at a March 13 study session, with the largest single concentration in the water fund.
The big picture: Sarah Hancock, Erie’s director of finance, said the water treatment plant is the town’s largest upcoming project. Preliminary design is nearly complete; staff estimated about $7 million for final design work in the coming year…
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