Champlain Water District Proposes $2.7 Million Dollar Bond

By Kristen Tripodi

Published 02/28 2014 03:47PM

Updated 02/28 2014 03:56PM

COLCHESTER, Vt. - A $2.7 million dollar bond. That's how much the Champlain Water District is asking voters to approve in 9 of the 12 towns it serves.

On Town Meeting Day people living in Colchester, Essex, Essex Junction, Village of Jericho, Milton, Shelburne, South Burlington, Williston, and Winooski will decide whether to fund a $2.7 million dollar bond the water district is proposing to fund two projects. The first would replace these water storage tanks with larger ones to keep up with the growing population. 

“As you plan for any type of construction you are looking out 20 years- that’s the requirement and the 20 year volume does need to be increased,” said Jim Fay, CWD General Manager.

Fay says that project would cost about $1.8 million dollars. And the proposal includes a chance to use one time funds that could save more than $300,000 in interest.

“The water storage tank on water tower hill involves state revolving funds- so it’s critical that we can get this approval here on Town Meeting Day because if we don't use these funds they'll go to another water utility,” said Fay.

The second project would include replacing 1700 feet of water pipeline under this section of Route 7 near Exit 16. The pipeline is 41 years old and may have a few years left but Fay says since road construction is planned anyway this is the perfect time to replace the pipeline underneath.

“We have to lower that pipeline down because of conflicts with new storm water pipeline and drainage that's part of the AOT project itself,” said Fay.

That would cost $900,000. So what does that all mean for your wallet? If the bond passes, Fay estimates the average household would pay about a $1.54 more a year.

The last time the Champlain Water District asked voters to approve a bond was three years ago. If approved construction on the water tank expansion would begin as early as May.

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