Posted August 06, 2019 04:15pm
(KLZA)-- The Falls City Council Monday night approved moving forward with recalling 2019 bonds for the water plant improvements.
Brad Slaughter with Ameritas Investment Corporation met with the Council and projected a savings of more than $190-thousand in savings if the current bonds are recalled and then resold.
The bonds will be paid off in 2036.
The Council also approved the expenditure of nearly $153-thousand to purchase a Lime Slaker for the Rulo Water Treatment Plant.
The slaker turns hard lime pebbles into a slurry which is introduced into the water system.