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Glendale council adopts final bond resolution to fund Hops Well replacement

Glendale Town Council · August 6, 2026
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Summary

After a public hearing Aug. 6, the Glendale council unanimously adopted a final bond resolution to accept Community Impact Board (CIB) funding to replace the Hops Well; the project combines a large grant with a small 30-year loan the town says its water rates can absorb.

Glendale’s town council voted unanimously Aug. 6 to adopt a final bond resolution authorizing acceptance of CIB funding for the replacement of the Hops Well. The public hearing immediately preceding the vote included support from residents and a letter from the county roads director urging the town to complete the upgrade.

Kyler, the project presenter, told the council the total project cost was $900,000, with $810,000 provided as grant and a $90,000 loan at 1% interest over 30 years, producing an annual payment of about $3,000. “The current rate structure is sufficient to cover this additional cost for this loan,” Kyler said, explaining there is no planned rate increase tied to the borrowing. The council closed the public hearing and then moved to adopt the bond resolution; the motion carried by voice vote.

The adopted resolution authorizes the town to execute the final bond documents required by the CIB and to proceed with the steps needed for closing and reimbursement. Council members said the project was necessary to restore reliable production after the old well’s casing was damaged and output had declined. The chair read a July letter from the county road department director that noted the county relies on the town’s water system for road-maintenance operations and urged the town to proceed with the upgrades.

Council action: motion to accept the final bond resolution (moved from the floor and seconded on Aug. 6); voice vote approved unanimously. The clerk will place signed copies in town records and mail the required copy to the CIB contact.

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