Hamilton residents will decide on a funding option for an additonal water source in less than two weeks. Click to hear KMZU’s Sarah Scott speak with Mayor Allen Gentry:
Gentry says the City needs to find a more dependable source of water. City Officials think the best solution that can be completed in a timely manner is to tap into Livingston County Water Supply District Number 4. This would provide between 50,000 and 100,000 gallons per day. Hamilton uses up to 250,000 gallons a day, depending on the season.
“We’re already all in,” said Gentry, “The City has already invested over $450,000 in the project, so we need to move forward one way or another.”
A $4 million dollar bond issue has been proposed.
The City has been approved for a USDA Rural Developoment Emergency Water Assistance Grant worth $474,000 and a loan from the Department. They have also been approved for a Community Development Block Grant worth $500,000. If the revenue bond does not pass, they could not receive the USDA funds and the CDBG grant would be in question.
Under the proposed plan the only loan the City will have to take out is 652,000 at 2.125 percent for 35 years. The total cost of the project is estimated at more than $1,600,000.
Hamilton residents will vote on the issue August 6th. It requires at least 50 percent of the vote to pass.