Press-Republican

Local News

December 3, 2013

Malone may get revolving loan

(Continued)

About 60 homes would make up the new district, and property owners would pay for the service even if they don’t tap into it since the presence of a water district improves property values.

The application states that 60 single-family homes, two commercial users and 7.5 vacant parcels would be charged for the new service.

The annual operational-and-maintenance costs of the new district are estimated at $20,480, and the annual system debt per user will be about $490 plus the cost of the volume of water each dwelling unit used each quarter.

FLOODED SECTION

A portion of the project includes Lower Park Street, a section of town that usually floods every year and forces residents to evacuate their homes.

Franklin County is spearheading an effort on the town’s behalf to gain a federal buyout of the 10 homes most severely impacted by flooding and whose well water is compromised each time.

Burley said the shallow wells and nitrate levels in the water were cited in the original application for creation of the water district.

Email Denise A. Raymodraymo@pressrepublican.com

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