Looking down the road to the need for a new water tower, the Town of Topeka approved new water rates that will replace the previous “hydrant rental” rates.
The ordinance was approved at Monday’s meeting and will add $5.70 per month to the typical residential bill. The rates are based on the size of the water meter, from the residential ⅝-inch meter up to industrial meters of eight inches or more. Industries with an eight-inch meter will see a monthly increase of $456.
The new rates will put around $50,000 into the town’s water department budget annually, with the intent to save up enough to build a new water tower in 5-10 years without the need to finance the construction.
TIF money could also be used to fully pay for a future water tower as the town continues to look at expanding industry.
In other business:
The council approved a permit for Nishakawa Standard for a 150x300 ft. hoop-style structure for additional warehousing space. The company will also be using the former New Holland shop building.
Nishakawa plans to ship out of the new facility, which will include four loading docks. It is expected to help truck traffic flow through the company’s facility.
Harold Gingerich was appointed to the Topeka Town Park Board.