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Highland Park moves to issue $3 million bond to repair sewers after meter data shows years of overbilling
Summary
City officials agreed to advance a $3 million capital-improvement bond to rehabilitate aging sewer lines after meter data indicated roughly $2.8 million in historical overbilling; bond counsel said terms include principal forgiveness and a 30-year, ~1% financing structure.
Highland Park city officials voted to advance the first steps of a roughly $3 million capital-improvement bond package aimed at repairing the city's aging sanitary sewer system, after staff said new meter data shows the city has been overbilled for sewer service for years.
City staff told the council the program would rehabilitate approximately 15,900 linear feet of sewer using cured-in-place pipe lining, replace about 6,066 linear feet of sewer and repair manholes in multiple locations (south of 4th Street, east of Hamilton Avenue). Staff said master meter readings and 19 sewer meters reduced the city’s previously reported sewer flow from about 5,254,000 gallons to roughly 2,891,000 gallons, and that accepted meter data supports claims the…
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