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Town sets public hearing to pursue $2 million CDBG for Water District 10
Summary
The board adopted a resolution to hold a public hearing on July 9, 2025, to discuss applying for a $2,000,000 Community Development Block Grant to assist the Water District 10 project; the board discussed potential impacts on annual debt service for district residents.
The board approved a resolution scheduling a public hearing for 7 p.m. on July 9, 2025, to consider applying for a Community Development Block Grant (CDBG) for Water District 10. The resolution states the grant request would be "in the amount of $2,000,000." Committee member (S6) seconded the motion and the Chair recorded that the board was moving forward with scheduling the public hearing.
Board members discussed possible financial impacts for district residents if the grant application is unsuccessful. The Chair reviewed prior debt-service estimates: an earlier projection in 2019 showed $508 per year; after changes in 2023 the estimated annual debt service had risen to $1,080 and later to $1,122. The Chair said obtaining the $2,000,000 would reduce the district's expected debt service to roughly $700–$800 per year per parcel, according to the board's presentation at the meeting.
