ACUD borrows for water meters, fire hydrants
The Ascension Consolidated Utilities District voted to borrow $50,000 for maintenance to its water system during a special meeting Wednesday afternoon.
The loan is through Community Resource Group Inc.
Senior operation management specialist Dinah Millet said the group offers training and technical assistance for water and wastewater systems at no cost while also acting as a loan provider.
Payments begin July 7, 2008 including120 equal monthly installments.
ACUD president Oliver Joseph said the loan will be used to install electric water meters and fire hydrants.
“This is a loan that will improve the areas of Modeste and Lemannville until the new mechanized system is in place,” Joseph said.
Joseph said meters will no longer be read manually.
Joseph also said funds will be used to install hydrants within 500 feet of every home. He said there are some home that are currently more than 2,000 feet from a hydrant.
“We have been requesting this money for a couple of years,” Joseph said.
Joseph said ACUD increased customer base allows for the loan. Initially, ACUD served 170 customers but now have 350 and are expected to jump over 500 with the addition of Lemannville into their area, Joseph said.
Joseph said no extra expenses will be added to customers and that the rate for the loan is already included in their bill.
“We are making sure that the funds they are giving us to operate this system, we are using by upgrading the system but we don’t have the money on hand, so we are borrowing,” Joseph said.