The City of Hodgenville needs nearly $1 million to pay for a new 300,000-gallon water tower on Greensburg Street.
But that will not mean an increase in water and sewer rates, according to Mayor Terry Cruse.
Thanks to several grants and the city’s policy of earmarking about $10,000 each month for the project, the tank is nearly paid for.
At Monday’s city council meeting, Cruse said the city will pay only about $211,000 of the total cost of the tower, engineering fees, any extra excavation fees and for the site where the tank will be located.
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