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Authorizing issuance of Revenue Bonds for such purpose not to exceed $6,000,000; Improvements to Municipal Waterworks
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Authorizing issuance of Revenue Bonds for such purpose not to exceed $6,000,000; Improvements to Municipal Waterworks
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Last modified
5/20/2009 2:39:29 PM
Creation date
9/8/2008 4:36:29 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
8/27/2001
Ord-Res Number
9247-01
Bill Number
68-01
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209 N. MAIN $rREET <br />SUITE 207 <br />SOUTH BEND, INDIANA 46601-1200 <br />PxoNE219/235-9322 <br />FAX 219/235-9728 <br />TDD 219/235-5567 <br />CITY OF SOUTH BEND STEPHEN J. LUECKE, MAYOR <br />SOUTH BEND WATER WORKS <br />JOI-I1V F $TANCATI <br />D[RecroR <br />July 17, 2001 <br />Ms. Charlotte Pfeifer, President <br />South Bend Common Council <br />4`'' Floor, County-City Building <br />South Bend, Indiana 46601 <br />Dear Ms. Pfeifer: <br />The enclosed Ordinance requests that the Common Council approve a rate increase which amounts to <br />less than five cents a day, or 51.50 a month, for the average customer. <br />Water is at the forefront these days, not only in Washington D.C., but Wall Street as well. Barro~ts, a <br />financial weekly magazine, dedicated the March 5, 2001, front cover and athree-page story to water <br />entitled "Precious Liquid". The article states, "With bottled H2O nearly as expensive as gasoline, and <br />water in general growing more dear, some smart firms are buying up supplies all around the world. An <br />investment idea that can't miss." <br />We are sitting on a gold mine, and thanks to the Council, in the past eight years this utility has updated, <br />renovated, remediated and incorporated the best technology available to deliver the highest quality and <br />abundant quantity at one of the lowest water rates in the state. <br />This increase also supports a bond for the following needed improvements: <br />• renovate the Olive Street pumping station <br />• replace old water mains, increase the size of existing mains to improve fire flow <br />and a needed additional river crossing <br />• Edison Filtration Plant: stand-by power, on-site generation, improve filtration media <br />• booster stations at Hickory and at Locust Roads <br />• upgrade Fellows booster station <br />Sincerely, <br />-~ :Tohn ~. Stancah <br />~. Water Works Director <br />G. Gilot, Public Works Director <br />S. Luecke, Mayor <br />_._.. <br />f11ed In Cierk's ®ffice <br />LOR~Tfd J. LitJDA <br />CITY CLEFt?t. ~0. G~liD. {i t. [ <br />
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