Century Transfers Reserve Funds For Water, Wastewater Repairs

May 11, 2017

In a special called meeting, the Century Town Council voted Wednesday evening to transfer money from a reserve fund to make critical repairs to water and wastewater facilities in the town.

The town will transfer $172,000 from a $229,000 reserve fund.

The transfer from reserves will be used to  repair one of two clarifiers at the wastewater plant that has failed. The clarifier repair will cost $40,000 while the electrical repairs will cost $60,000. The money will also be used for installation and materials for the installation of a new meter at the prison, and $7,000 for a booster pump that would supply water to the Century Correctional Institution from the town’s two other wells in the event of an equipment failure at the prison.

Recently increased rates may help the town replenish the reserve funds, according to Mayor Henry Hawkins. In addition, the repairs will allow staff time to focus more on day to day operations, he said.

Earlier this month, the Century Council approved an incremental 55 percent water and wastewater rate increase  that will cost the average family just over $200 per year. The rate increase is aimed at stopping ordinary financial losses by the system.

Pictured: Century’s water, wastewater and natural gas franchise also serves the Century Correctional Institution. NorthEscambia.com photos, click to enlarge.

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Written by William Reynolds · Filed Under News