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Newton City Council approves bulk water contract with Town of Maiden for Sigmon Hollow
Summary
The council approved a bulk water purchase contract allowing the Town of Maiden to buy 150,000 gallons monthly for the Sigmon Hollow development at $3.20 per 1,000 gallons, including a take-or-pay provision and automatic adjustments tied to Newton’s inside-city rate.
Newton City Council on Oct. 19 unanimously approved a bulk water purchase contract letting the Town of Maiden buy water for the Sigmon Hollow residential development connected to Newton’s system.
Public Works and Utilities Director Dusty Wentz told council that Maiden currently buys water from Newton at Newton’s outside-city limits rate while selling to Sigmon Hollow residents at Maiden’s inside-city rate, producing a monthly net loss for Maiden. The…
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