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Peru considers water and sewer rate increases

Posted by wlpo on July 30, 2009

While cities seemed to be excited to have projects approved for federal stimulus money, they still need to come up with the money to pay back millions of dollars in loans.
In Peru, where a combined sewer separation project is estimated to cost $8.1 million, an increase in water and sewer rates seems to be the remedy for paying back the loan.
The city council could approve a rate increase Monday night. The finance committee is recommending a two-part increase that would raise the average bill by almost 16% in September and 18% in May 2010.
The extra revenue would be enough to pay back the loan and pay for other water and sewer projects like a relief sewer for the Marquette Road sewer line that’s had trouble in the past, drying beds, and a vactor.
The council will vote on the proposed increased Monday.

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