Clerk reads water-project resolutions proposing revenue bond and $17 monthly surcharge beginning Jan. 1, 2026; adoption motion made but final vote not recorded

The clerk (Clerk (S1)) read two water-related resolutions into the record. Resolution 2025-3 would amend the town's rate structure to establish a borrower-bond surcharge to fund improvements to the drinking-water system financed through a conservancy-district loan; the reading specifies a proposed borrower-bond surcharge of $17 per user per month commencing Jan. 1, 2026, to be segregated from other revenues and used to pay debt service until the revenue bond is retired.

The clerk read aloud the resolution language: "Borrower bond d WDash02 surcharge $17 per you per user per month commencing 1 January 1 January 20 26." The clerk then introduced Resolution 2025-4 to approve issuance and sale of a revenue bond to finance the drinking-water facilities improvements, approve the loan agreement form, pledge project revenues and create special funds and accounts for administration of the funds. A trustee moved "to accept that resolution and adopt it" and another trustee seconded, but the transcript ends before a recorded final vote on adoption appears in the available text.

The resolutions as read would create a segregated bookkeeping account for the surcharge and require yearly reviewing and potential administrative adjustment of the surcharge assuming a 10% delinquency rate; the surcharge is described as remaining in effect until the revenue bond is paid in full. The transcript does not record the final adoption vote or the finalized surcharge amount beyond the $17-per-user figure stated in the reading; additional documents and final minutes should be consulted to confirm adoption and any implementation schedule.