Refinancing
Fayette County's current debt for its water system could save $1.6 million,
freeing up funds for several important projects.
The county's
Water Committee wants the Board of Commissioners to consider financing
three new projects: construction of a pump station at a new two-million-gallon
water tank on Ellis Road ($1 million), a water line to tie that tank to
the new one on Ga. Highway 92 north ($1.8 million), and construction of
a new distribution shop on Dividend Drive ($800,000).
These projects
total $3.6 million. The county has approximately $19 million left to pay
off the current debt, with payments ceasing in 2020, according to County
Attorney Bill McNally.
"We have
a small window of opportunity to do this in," McNally told the Water
Committee, which unanimously approved recommending the three projects
to the county commission.
The pump station
and water lines will help provide "better flow" according to
water system director Tony Parrott. The system will allow water to be
pumped to the Hwy. 92 tank rather than having to use gravity to distribute
the water, he added.
Both those
projects are on the county's long-range project list for completion, Parrott
noted.
The water tank
on Ellis Road, which won't be complete for two years, will cost $2 million,
but the county has already earmarked funds for that, Parrott said.
The county
commission will consider the matter today at its regular workshop meeting.
In other business,
the Water Committee approved a recommendation to add fencing to the south
Fayette water plant for security purposes. The estimated cost for that
project is $60,103.
The committee
also approved a recommendation to seek bids for painting and service work
to the Crabapple water tank in Peachtree City.







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