>La Grande Observer | Union and Wallowa Counties' News Leader

La Grande, OR forecast
& Eastern Oregon University Valley Cam

Observer news NE Oregon Classifieds Web
web powered by Web Search Powered by Google

Follow LaGrandeObserver.com

Today's front page

Image of The Observer's Front Page

Get Home Delivery of The Observer for only $8.50 per month, $9.50 for motor routes. Just click here and after filling out one simple and secure online form you could be on your way to learning more information about local, state and world news.

manage your account »

Recent article comments

Powered by Disqus

Home arrow News arrow Local News arrow Expansion project comes in under budget

Expansion project comes in under budget

Final loan amount for Cove wastewater expansion expected to be $1.4 million

COVE — Mayor Lyndon Rose signed the final acceptance report for the city’s wastewater expansion project during Tuesday’s regularly scheduled city council meeting. 

“I am very pleased with the end results of the project,” Rose said. “The quality of the work is very good.”  

The project came in slightly under budget, with a final loan amount projected to be just over $1.4 million. Users may see their sewer rates jump to $45.

Depending on final numbers, the annual payment on the $1.4 million 40-year loan will be about $58,000.

“The first payment is due one year after the loan starts,” said Brad Baird of Anderson Perry and

The city expects to finalize paperwork on the loan this month.

Sewer rates will be calculated based on funds needed for the annual loan payment, as well as some operation and maintenance costs, and the current number of users.

The city currently has about 330 users. Last May, sewer rates, increased from $30 to $35.

The council discussed a proposed sewer rate increase of $10. The final number will be determined at the February meeting and must meet the requirements of the lending agency. 

“Through this whole process the city has tried to keep the sewer rates as low as possible,” Rose said.

To help lower the total loan amount, the city used $150,000 garnered from the city’s hydro production facility to pay up front project costs, including some design and permitting fees. The project is scheduled to close about $96,000 under budget.

“I am very pleased the project came in under the budgeted amount,” Rose said.


blog comments powered by Disqus
Local / Sports / Business / State / National / Obituaries / Public Notices
Editorials / Letters / Guest Columns / Columnists
Outdoors / Ag / Spiritual / Go Magazine / Portraits
View all classifieds / Jobs / Autos / Real Estate / Rentals / Place an Ad
The Observer
About / Contact / Commercial Printing / Subscriptions / Terms of Use / Site Map
Also Online
Photo Reprints / Slideshows / Weather and Valley Cam / /index.php?option=com_rss&feed=RSS2.0&no_html=1">RSS Feed ?> RSS Feed

Follow La Grande Observer headlines on Follow La Grande Observer headlines on Twitter

© Copyright 2001 - 2014 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use

LaGrandeObserver.com works best with the latest versions of Mozilla Firefox, Microsoft Internet Explorer or Apple Safari

forum cialis naturale pastilla levitra kamagra kautabletten viagra prescrizione achat cialis forum super kamagra g√ɬľnstig kaufen vendo viagra barcelona vendo cialis napoli achet√ɬ© levitra viagra pre√ɬßo portugal prix cialis paris kosten cialis viagra sin receta en farmacias acquisto viagra on line achat viagra europe levitra pas cher pfizer viagra kaufen propecia en ligne priligy g√ɬľnstig kaufen viagra x le donne