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Lindell to wait a year before changing water rates as new well and commercial customer phase in
Summary
Council members said state grant terms and a one-year monitoring period after the new town well begins pumping will prevent rate restructuring for at least a year; officials expect a commercial customer and other development to improve revenues later.
Lindell council members discussed limits on changing local water rates tied to conditions on a state grant and the town's new well project, and said they expect added commercial customers to relieve pressure on base rates.
Speaker 5 told the council that when Lindell accepted state funding for the new well the town also agreed to a minimum monthly payment structure the state imposed. "We're pretty much tied" to that schedule, Speaker 5 said, adding that the town must operate its new well for one year after it begins pumping before it can reassess rate structure. "There's really nothing we…
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