Loveland City Council convened on June 3, 2025, to discuss a significant financing initiative aimed at upgrading the city's water and wastewater utilities. The council is considering the issuance of revenue bonds totaling up to $95.5 million—$45 million for water projects and $50.5 million for wastewater projects—to fund critical infrastructure improvements.

Sharon Israel, the new head of the utility, along with other key staff, presented a detailed overview of the proposed projects. The water utility projects include replacing lead service lines to comply with EPA regulations, relining a 36-inch water transmission line built in 1962, and enhancing the advanced metering infrastructure for real-time customer usage data. The wastewater projects focus on expanding the Water Reclamation Facility, which is nearing its capacity, and upgrading aging infrastructure.

The council emphasized the urgency of these projects, citing inflation and the risk of costly emergency repairs if improvements are delayed. "We need to do this now because if we do not, inflation is gonna come in and it's just gonna get more cost prohibitive," stated Christopher Seay, a member of the utility commission, during public comments.

However, the proposed financing has sparked debate. Some residents, including Linda Rosa, raised concerns about the legality of issuing tax-exempt bonds without voter approval, arguing that the council's approach may violate state constitutional provisions. The council defended its authority, explaining that as a home rule municipality, it has the power to establish enterprises and issue debt without needing to go to voters.

The council is expected to vote on the ordinances authorizing the bond issuance on June 17, with plans to sell the bonds by late July. This financing is seen as a crucial step in ensuring the city's water and wastewater systems can meet current and future demands while maintaining fiscal responsibility.