Culver Adopts Amended Water Rate Ordinance

culver town hall

The Culver Town Council has taken another step toward implementing an upgrade to its water treatment facility.

An amendment to an existing water rate ordinance was considered during a special meeting Monday night to help pay for the construction. This is the third increase in water rates Culver has implemented since December.

Approving an updated water rate ordinance is one of the final steps needed prior to a $1.6-million bond issuance to the State Revolving Fund that will pay for a good portion of the project.

Culver has also received an Office of Community and Rural Affairs grant and donations to aid in the work, but certain portions of the project scope have gone undecided.

The Town Council on Monday approved the water rate ordinance unanimously, leaving residents with an average increase of $5.31 per month in their water bills.

By issuing debt to the SRF, the Town saves more than $300-thousand in interest over the 20-year payment schedule.