PUBLIC NOTICE
- Town Clerk
- Nov 15, 2023
- 1 min read
PUBLIC NOTICE IS HEREBY GIVEN that on
7th day of December 2023
At the Hanksville Community Center, 30 S Highway 95, Hanksville Utah, at the hour of 6:00pm
Hanksville Town will hold a public hearing to receive public comment on the proposal to increase wastewater user charges.
Hanksville Town has applied to the Utah Water Quality Board for a loan to be used for the wastewater system
improvements, including repair of the lagoon and protection from future flood events, together with related
improvements.
The total estimated project cost is $2,070,600. $1,694,600 of the project cost will be covered by a grant.
$26,000 has been received as ARPA funds which are not repayable by the Town. $350,000 will be a repayable
loan. The loan in the amount of $350,000 will bear no interest and will be repayable as follows:
Bond (Loan) | Interest Rate | Term (Years) | Annual Payment | Reserve Annual Pmt | Required Annual Emergency Repair and Replacement Pmt | Total Annual Payment |
$350,000 | 0% | 30 | $12,000 | $1,944 (Years 1-6) | $972 (Years 1-6) | $14,962 |
In order to pay the new bond indebtedness (loan) the Town is proposing an increase in wastewater user charges
per month per connection as follows:
Monthly rate shall be increased from $15.50 to $32.00 per month.
Anyone wishing to submit written comment may do so any time prior to the public hearing. Written comments
should be addressed to:
Hanksville Town
PO Box 127
Hanksville UT 84734
DATED this 15th day of November 2023
Clerk, Lisa J. Wells