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Arcata council approves reimbursements for water and wastewater projects, pauses Prop 218 rate hearing
Summary
The Arcata City Council on Nov. 5 adopted two resolutions declaring the city’s intent to reimburse certain water and wastewater capital expenses from future tax‑exempt financing, and voted to remove a separate Prop 218 rate‑setting item from tonight’s agenda pending grant and federal benefit developments.
The Arcata City Council on Nov. 5 adopted two resolutions that let the city reimburse itself for recent and upcoming water and wastewater capital costs if it later issues tax‑exempt debt. The measures, numbered 256‑16 (water) and 256‑17 (wastewater), were presented by Assistant City Manager and Finance Director Tabitha Miller as administrative steps required by the Internal Revenue Service to preserve flexibility in future financing.
Miller said the resolutions do not obligate the city to issue debt; they simply allow the city to consolidate and reimburse eligible capital expenses incurred in the covered projects. She walked the council through three…
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