.City Council is poised to authorize more than $4 million in borrowing for various improvements to the sewer system, water system filtration upgrades at the city’s water treatment plant, and replacement of water meters at various locations.
City Council approved a new 20-year lease agreement for a private operator to continue running the city’s water treatment plant, replacing the final two years on the original lease and continuing through 2036.
City Council is scheduled to vote on an ordinance next weeklater this month that will increase water rates by an average of about 5 percent a year for the next several years.
Average water rates would rise a projected 5 percent annually for the next decade under a new long-term lease agreement of the city’s water treatment plant.
A new services agreement for the Rahway Water Treatment Plant will be the subject of a public hearing during a special meeting of City Council on Thursday at 6:30 p.m. in the library.
City Council is scheduled to hold a public hearing and final approval tonight on a new 20-year lease agreement for the city’s water treatment plant and a $14-million bond ordinance to borrow against an annual concession fee in the deal. UPDATED: Tonight’s meeting has been canceled. A combined conference/regular meeting has been scheduled for Nov. 21.
City Council last night tabled three ordinances related to a new 20-year water lease agreement for the city’s water treatment plan, pending review and approval by the state Local Finance Board.