The City of Silver Lake is currently in the process of reviewing its infrastructure needs and has committed to an extensive Preliminary Engineering Report with the engineer firm Short Elliott Hendrickson Inc. This report will outline the improvement needs for the City and the estimated costs associated with those needs.
The list of potential projects includes:
Water tower replacement
Water treatment facility
Wastewater collection systems
Wastewater treatment and lift stations
Water distribution systems
Stormwater management infrastructure
Street replacements and/or rehabilitation
Utilizing U.S.D.A. Rural Development loans and grants is one option that the City is considering in order to fund a potential large-scale improvement project. If the City chooses to apply for funding through this source, the City would be required to set utility rates at a pre-determined affordability minimum. This minimum would ensure that enough revenue is generated to pay back the loans.
The City is looking to the future and plans to implement step increases to the utility rates over the coming years to build toward those minimums needed to secure loans and grants. The City understands that these increases affect everyone and doesn’t take the decision to increase rates lightly. By completing these infrastructure improvements, the City intends to deliver better quality services to its residents and to rebuild the City for years to come.