"If we're going to burden our ratepayers with a rate increase, we want to be fiscally responsible with that," Jones said.
The project will have two phases: Phase 1 will increase sewer rates of average customers from $28.33 a month to $34.99 a month. It will also increase water utility rates for average customers from $26.67 a month to $29.44 a month. Phase 2, expected to start at the beginning of 2014, will bring another rate increase, according to estimates from Triad.
The purpose of the meeting was to discuss the rate increases and give residents an idea of what will happen in the coming months with their bills. A follow-up meeting with more details on the new plant is planned for later in the year.
Officials also noted there is a sense of urgency to get underway on the project because of the state requirement that the system be updated. Krohn said if the city doesn't move forward aggressively, it risks a sewer ban, which imposes economic growth sanctions.
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