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Earlham discusses sewer‑rate increases to fund lagoon project after Piper Sandler briefing
Summary
Council discussed possible sewer-rate increases after meeting with Travis from Piper Sandler to fund phase two of the lagoon project; council noted any rate increase considered would remain lower than neighboring communities.
Council discussed the need to consider sewer‑rate increases to help fund the lagoon project’s second phase. Members reported having met with "Travis with Piper Sandler" to review financing options and said a rate adjustment is being evaluated ahead of the next budget season.
Council members emphasized keeping any increase lower than rates in surrounding communities while ensuring sufficient revenue to support lagoon improvements. No ordinance or rate change was adopted at the Jan. 12 meeting; the discussion directed staff and financial advisers to continue work on options for council consideration during budget deliberations.
The transcript did not provide dollar amounts or a timetable for proposed rate changes; council referenced the wastewater grant for the lagoon project separately as a partial funding source.
