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Belpre advances water-system investments; council introduces $965,000 bond ordinance and rate amendment
Summary
Council advanced a bond ordinance for up to $965,000 to buy property for water-department operations (first reading) and heard updates that water-line work is under way and the water-tank project is paused for a ground-stabilization study. A proposed amendment to water-user rates was added for first reading.
Belpre City Council on Oct. 27 advanced several water-system items for future action while hearing updates on ongoing utility projects.
Council added for first reading an ordinance authorizing the issuance and sale of bonds in a maximum principal amount of $965,000 to acquire property to house water-department personnel and functions; the measure will return for further readings before any final vote. The Finance/Audit Committee also moved to add a resolution authorizing the auditor to engage Squire Patton Boggs (US) LLP as bond counsel; that engagement resolution was added for first reading as well.
Mayor Abdella updated council on active water projects: contractors and engineers are installing a new 10-inch water line on Barclay Street, SCADA preconstruction has been completed and will allow 24/7 remote monitoring of booster and lift stations, and the city’s water-tank project has been placed "on a brief pause to allow a ground stabilization study to be performed," a deficiency the mayor said was omitted from the original engineering. The mayor also described wastewater-treatment-plant planning and design with an assumed project cost of $10 million and a 30-year financing profile which she said would imply an estimated annual payment of about $527,000.
Mr. Ambrozy moved to add an amendment to Exhibit A to Section 939.04 (rates for water users) and to adopt a new Exhibit B; council voted unanimously to add the amendment for first reading. Any change to rates would require subsequent readings and formal adoption.
No final bond votes, rate changes, or funding commitments were taken Oct. 27; the council scheduled follow-up consideration in future meetings.
