Perrysburg wastewater funding questioned PDF Print E-mail
Written by ALEX ASPACHER Sentinel Staff Writer   
Thursday, 25 July 2013 09:20
Perrysburg_MuniBuilding.1802_rotator
PERRYSBURG - City council members continued a discussion of funding for wastewater treatment plant improvements at a Health Sanitation and Public Utilities Committee meeting Tuesday.
Despite a 5-2 council vote on July 9 to seek a $14.8-million combination of federal and state funding through Ohio's Water Pollution Control Loan Fund, council member Todd Grayson wanted to review a 10-year bond option that would cut the duration of the debt in half, though at a higher interest rate.
Grayson said the loan being "off the books" sooner would be worth it, as water rate increases are expected from Toledo and create an uncertain future for Perrysburg's utilities.
Tim Warren, director of public utilities, disagreed. He said it makes sense to defer the cost over the 20-year period with a lower interest rather than issue bonds and raise taxes up front, as the life of the improvements will likely be 50 years or more.
Separately, the committee recommended council allow Warren to apply for and accept two grants from the Ohio Public Works Commission, one for the wastewater improvements and another for Cherry Street Sewer Separation District 212.
Warren said a final figure for the grant applications has not yet been determined, but the sewer project could be prioritized if the city is also willing to accept a zero-interest loan. The group agreed to avoid the loan if possible but gave Warren the option to apply if it means receiving the grant, though Warren said it's unlikely to be necessary.
In other business, the committee approved for council's consideration:
• An agreement with the Ohio Department of Natural Resources for the Western lake Erie Basin Ash Removal Grant Program. The city will provide an even match for the $36,323 grant, according to Jon Eckel, director of public service.
• A resolution granting permission to proceed with Cherry Street Sewer Separation District 210.
Also approved was a $1,163.12 sanitary sewer credit for residents of 681 Prairie Rose Drive.
 

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