On Tuesday, Jan. 7 at the Buckeye City Council meeting, a Public Hearing was held to discuss the proposed repair and replacement fee of $3.05 (plus tax) for every water customer in the city.
Here is the result:
A motion was made by Councilmember HagEstad, and seconded by Councilmember Youngker, to adopt Resolution No. 03-20 establishing a new water fee; establishing an effective date; and repealing conflicting resolutions, with the requirement that staff establish a separate fund for such fee in order to track expenditures and use of such fund, to be used for repair and replacement of utility infrastructure only. Councilmember Youngker, Councilmember HagEstad, Councilmember Heustis, Councilmember Guy, Councilmember Hess, Vice Mayor Orsborn, and Mayor Meck voted aye. Motion carried.
What this means to you is:
- Beginning Feb. 7, all metered water customers will see a monthly flat fee of $3.05 added to their bill
- Depending on the billing cycle, some customers may not see this charge appear on your bill until March
- A separate account is being created for this new Repair and Replacement fee so expenditures can be tracked to ensure the funds are used for repair and replacement of only water infrastructure
Timeline of Events
November 5, 2019, the Buckeye City Council approved a request from staff to move forward with a Notice of Intent to create a new proposed repair and replacement fee and submit a WIFA loan (Water Infrastructure Finance Authority) application to help pay for the necessary repairs and replacement of the city's aging water infrastructure.
The loan will assist with funding the repair and replacement of water lines, wells, reservoirs, valves and other infrastructure associated with the Broadway Road Water Campus project.
Updated equipment will use the newest technology in the industry, which will greatly improve water quality.
WIFA issues loans at a lower interest rate than traditional municipal loans, saving the city millions of dollars over the life of the loan.