At their meeting Monday, Nov. 15, the Chariton City Council held a public hearing regarding the Sewer Revenue Loan and Disbursement Agreement.

There were no comments or questions raised during the public hearing.

Chariton City Manager Laura Liegois explained that the City of Chariton is upgrading the Chariton Sewer Plant and will need to utilize the State Revolving Fund (SRF) Loan program. The public hearing was for the final action for the project of $4,216,000 to cover the cost of the upgrade.

Following the hearing, the board approved the resolution to take further action on the proposal to enter into a Sewer Revenue Loan and Disbursement Agreement and to borrow money in a principal amount not to exceed $4,216,000.

“Chariton city staff has been working with Northland Securities and Dorsey and Whitney to ensure we are moving the funding for this project in the right direction. An updated sewer rate will be brought to the city council in the future for approval,” Liegois said.