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Commission places WSRLA application for Waterline Replacement Phase 2 on first reading; work session on rates planned
Summary
Resolution R2026-05 to apply for a WSRLA loan for Waterline Replacement Phase 2 was placed on first reading; the City Manager said a work session will be needed to determine the project's size and the water rates required to repay the loan.
The commission considered Resolution No. R2026-05, a WSRLA (Water Supply Revolving Loan Account) application for the city's Waterline Replacement Phase 2 and the designation of a dedicated repayment source. Michael D. Carter moved to place the resolution on first reading; Michael W. Brown seconded and the motion carried by unanimous voice vote.
City Manager John Westfall said the city will need a work session to discuss the scale of the phase-two project and the water-rate adjustments that may be necessary to fund loan repayment. No loan documents or rate changes were approved during the special session; the resolution placement begins the process that could lead to an application to WSRLA.
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