Montpelier holding bond vote Tuesday
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Times Argus Staff - Published: July 13, 2009
MONTPELIER – The city will be holding a special bond vote Tuesday to formalize approval of the use of federal stimulus funds for sewer improvements for the capital.
The ballot measure will request voters approve an amount not to exceed $706,000 to be spent for the improvements.
City voters already gave their backing at the March 3 city meeting to borrowing $585,000 for upgrades to the sewer system, but to be eligible to apply to receive $645,500 in American Recovery and Reinvestment Plan stimulus funds, Montpelier needs to hold a special meeting by Australian ballot to formally get voter authorization for a total additional $706,000, said Mayor Mary Hooper.
Hooper said three projects will be done with the city and federal stimulus funds:
1) CSO Elimination Projects (Arsenal, McKinley, Hinkley, Richardson, School, Lower State and Graham Terrace. Total cost of this project is $600,000.
2) Solar Panels for the wastewater treatment facility. Total cost of this project is $366,000.
3) Sewer rodder/vacuum truck replacement. Total cost of the replacement truck is $325,000.
According to the mayor, the projects will considerably benefit the city, and approval will not increase property tax rates.
For more information, see the city's Web site at http://www.montpelier-vt.org.


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