Redstone: Voters approve debt for wastewater plant

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From The Aspen Times:

The district’s existing plant serves 140 users in the Redstone vicinity, south of Carbondale. It’s 35 years old, and 15 years beyond its life expectancy, according to Brian Olesen, district manager. Even with Tuesday’s vote, the district won’t go ahead with construction of a new plant unless additional federal stimulus funds become available to help pay for the project, Olesen said in advance of the election. “If more funds are made available, we’ll have voter approval in our pocket to go out and do something,” he told The Aspen Times last month. “It’s basically to take advantage of an opportunity if it arose.” Voters authorized the district to take on $2 million in debt (a $2.6 million repayment cost with interest) and to increase the district’s mill levy by no more than 5 mills to repay the loan. If the district can get $1 million from stimulus funds, plus a zero percent interest rate as a qualifying project for the money, the project would be doable, according to Olesen.

More wastewater coverage here.

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