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Waverly outlines capital projects, proposes SRF loans and remodel plan while prioritizing water and sewer
Summary
City staff told council the priority projects are SRF-funded sewer lining and lift-station work (estimated $2.5–3M each), a $48,000 bridge feasibility study and a $2.56M golf clubhouse remodel proposal to be financed partly by local option sales tax and a $960,000 G.O. borrowing. Council favored prioritizing water/sewer and equipment but took no borrowing votes.
City staff presented a prioritized list of capital projects at the Feb. 7 budget study session, emphasizing water and sewer work eligible for State Revolving Fund (SRF) loans, a feasibility study for a bridge near City Hall, and a proposed remodel of the golf clubhouse.
Staff advised that several SRF-eligible projects are ready to move forward, including lift-station improvements and extensive sewer lining. Estimated costs for major SRF projects were described in the $2.5–3 million range per project; staff said the sewer-lining scope under consideration would cover roughly 24,000–25,000 feet (about five…
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