Indian/Pickerel system was built in 1997, and for the 1st 20 years, we have been focused on debt repayment. In December 2017, the 20th and final
payment on the Construction Bond was paid through the collection of sewer
assessments plus the $20 per month debt service fee component on the quarterly
In 2018 the Authority received a SAW grant (Asset Management
Grant). Over the next 2-3 years, the Authority and Engineers Wightman
& Associates Inc., will develop an "Asset Management Plan" to
determine when and what components will need rehabilitation and/or replacement.
This plan will be available for review
upon completion. As part of the
analysis (and grant conditions) the Authority must review rates and charges to
ensure that adequate funding is in place for upcoming repairs and replacement
Therefore, beginning January 2018, the Debt Service fee is
officially replaced by a Repair and Replacement fee to provide for a portion of
the upcoming repairs and replacement that will be identified through the Asset
Management plan being developed summer 2018 & 2019.