Lake Residents to Vote on Sewer Bond Referendum

7 years 11 months 4 weeks ago Monday, October 18 2010 Oct 18, 2010 Monday, October 18, 2010 9:13:30 PM CDT October 18, 2010 in News

LAKE OZARK - The city held an informative meeting Monday night to clarify the community sewer initiative on the November 2 ballot. The bond issue would pay for repairs and alterations to the city's sewers. Lake Ozark entered into a consent judgment with the United States Environmental Protection Agency and the Missouri Attorney Generals Office to make those repairs. This consent judgment was put together after several sanitary sewers overflowed in 2008 in Lake Ozark. These overflows caused untreated waste water to enter the Lake of the Ozarks.

This consent judgment requires the city to install alarm systems on pump stations for warning of any mechanical or electrical failures. It also requires a full sewer system evaluation and to make necessary repairs and alterations to prevent any future overflows.

The sewer pump stations were originally installed in the mid-80's.

"It's all aged at the same time which means it all kind of needs repairs all at the same time," McClure Engineer, Jeff Schug, said. "It's part of the consent judgment. The money is going to be spent whether the citizens vote no on this bond referendum," Schug said.

Lake Ozark has already installed the alarm systems and is near completion of the system evaluation.

Bond Facts:
- Estimated cost of repairs and alterations: $2,788,650
- City doesn't have money within sanitary sewer utility to pay for needed repairs
- City needs to borrow money required to make repairs
- Repairs must be completed within three years
- City must make needed repairs or risk additional fines and penalties from EPA

If you vote "Yes":
- Cost: $2,788,650
- Annual Debt Service: $196,212
- Cost per Customer: $10.70
- Partially covered by previous rates ($2.50/month increase needed)
- Will allow city to use State Revolving Loan (SRF) Program to finance needed repairs
- Will allow city to finance needed repairs at lowest possible interest rates
- Least possible impact on Sewer User Fees

If you vote "No":
- Cost: $2,788,650
- Annual Debt Service: $263,229
- Cost per Customer: $14.35
- Partially covered by previous rates ($6.50/month increase needed)
- Will disqualify city to be eligible for State Revolving Loan (SRF) Program
- Forces city to use other financing methods with higher interest rates
- Will have greater impact on Sewer User Fees

"I probably would vote for it, yes...I think it needs to be done. We're kind of behind the times here a little bit...out here in this part," resident, Roberta Sandercock said.

"I'd rather spend less money to have it fixed than to have it come out of my pocket even more," resident, Angie Drapiza, said.

The city will apply for the loan after the November 2 ballot. It will also update the rate residents will pay at the end of 2010.

More News

Grid
List
COLUMBIA - The Columbia Police Department investigated a shots heard call on Tuesday evening. The incident happened at the... More >>
8 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 10:03:00 PM CDT October 16, 2018 in Top Stories
COLUMBIA - The Columbia Neighborhood Watch recently secured funding for next year. The Columbia City Council awarded them this money... More >>
10 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:17:00 PM CDT October 16, 2018 in News
COLUMBIA – Burrell Behavioral Health introduced a medicine-first approach to its facilities in Missouri’s central region to help clients with... More >>
11 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 6:40:00 PM CDT October 16, 2018 in News
COLUMBIA - A Columbia woman will be collecting items to transport down to Florida in order to help the recovery... More >>
11 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 6:40:00 PM CDT October 16, 2018 in Continuous News
COLUMBIA - Despite a wide gap in their campaign finances, Sen. Claire McCaskill and Josh Hawley remain locked in a... More >>
12 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 6:20:00 PM CDT October 16, 2018 in News
JEFFERSON CITY (AP) — Missouri vehicle owners will be getting new red, white and blue license plates to commemorate the... More >>
12 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 5:48:00 PM CDT October 16, 2018 in News
JEFFERSON CITY – A New York man pleaded guilty on Tuesday to two counts of attempting to produce child pornography.... More >>
14 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 4:21:00 PM CDT October 16, 2018 in News
COLUMBIA - Jerome Sally, a Hickman High School assistant principal, is suing Columbia Public Schools as a result of "systemic... More >>
15 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 3:23:00 PM CDT October 16, 2018 in News
COLUMBIA - Lt. Governor Mike Kehoe made a stop in Columbia Tuesday to campaign for Proposition D, the gas tax... More >>
17 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 1:28:00 PM CDT October 16, 2018 in News
COLUMBIA - A Royal Inn manager said Tuesday the maintenance team was beginning renovations when the building's second-floor walkway came... More >>
17 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 1:25:00 PM CDT October 16, 2018 in News
JEFFERSON CITY - A federal judge sent the lawsuit over Kenneth Suttner's death back to circuit court on Friday after... More >>
17 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 1:01:17 PM CDT October 16, 2018 in News
(CNN) -- The problem of unsolicited robocalls has gotten so bad that... More >>
19 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 11:19:50 AM CDT October 16, 2018 in News
COLUMBIA - A Kansas woman connected to a deadly car crash in Boone County has been sentenced to five years... More >>
20 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 10:27:00 AM CDT October 16, 2018 in News
COLUMBIA - A Boonville man will spend the next decade in prison after pleading guilty to a deadly 2017 shooting.... More >>
20 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 10:13:00 AM CDT October 16, 2018 in News
CALIFORNIA - A former employee in the Russellville and California school districts pleaded guilty Friday to having sexual contact with... More >>
21 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:43:00 AM CDT October 16, 2018 in News
ST. LOUIS (AP) — Water levels on the Mississippi River are dropping north of St. Louis after high waters forced... More >>
21 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:38:00 AM CDT October 16, 2018 in News
COLUMBIA - A man will spend the next nine years in prison after pleading guilty to a deadly November 2017... More >>
21 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:37:36 AM CDT October 16, 2018 in News
JEFFERSON CITY - The Missouri State Treasurer’s Office put out a warning monday about a tax scam attempt. According... More >>
22 hours ago Tuesday, October 16 2018 Oct 16, 2018 Tuesday, October 16, 2018 8:12:00 AM CDT October 16, 2018 in News
Columbia, MO
Broken Clouds 42°
7am 37°
8am 39°
9am 44°
10am 47°