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Finance commission recommends $10 monthly PAS remediation fee to fund new Loveland water treatment project
Summary
The finance commission voted to recommend that city council consider a $10-per-billable-unit PAS remediation and operation fee beginning June 2026 to help close an estimated $15.7 million construction funding gap for a proposed water treatment plant; staff outlined funding scenarios and requested council direction on rates and loan options.
The Finance Commission voted unanimously to recommend that the City Council consider a $10-per-billable-unit PAS (remediation and operation) fee on water utility bills beginning in June 2026 to help finance a proposed new water treatment plant.
Chris, a city staff presenter, told commissioners that AECOM’s basis-of-design (the 30% design) produced a wide cost range ($13.5 million–$22.5 million) and that the project team is currently centering estimates near $17 million. He said the city already received about $1.3 million in principal forgiveness that covered the design work and that the remaining construction funding gap is roughly $15.7 million, assuming the March 2028 contract/start requirement to meet…
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