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Council reviews $17.2M 2026 capital slate and bonding plan that would raise water, sewer rates
Summary
City staff outlined a $17.23 million package of 2026 projects — Rossman neighborhood infrastructure, downtown water/sewer/road work, sewer lining and a sludge thickener — to be funded with a $2.5M state grant, cash and up to $13.18M in water/sewer revenue bonds that would prompt multi-year rate increases.
City staff on Aug. 25 presented a multi-project capital plan for 2026 that would overhaul water, sewer, storm and road infrastructure in several neighborhoods and downtown, and described a planned financing package that relies heavily on revenue bonds.
The largest single element is the Rossman Neighborhood Infrastructure Project, which staff estimated at about $9.1 million and said received a $2.5 million state grant (the maximum available this funding round). The downtown infrastructure component (Walnut, Chestnut and parts of Trowbridge) was estimated at approximately $4.43 million. Staff also…
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