City Council approves $1M loan for lead service line investigations and equipment purchase

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Cody City Council made significant strides in addressing community infrastructure needs during its meeting on July 15, 2025. A key decision was the approval of a resolution to secure a $1 million loan aimed at enhancing the city's capabilities to investigate lead service lines. This initiative is crucial for ensuring the safety and quality of drinking water for residents.

The loan will fund the purchase of an additional vacuum truck, which is essential for conducting lead service line investigations. The city anticipates putting the bid for this truck out between October and December, with delivery expected in 2026. The project also includes a provision for reimbursing staff time dedicated to these investigations, with an estimated $200,000 allocated for this purpose.

Importantly, the loan program offers a 0% interest rate, and city officials expect at least 25% of the principal to be forgiven, potentially reducing the repayment amount to $750,000. This financial support will help the city manage costs while prioritizing public health and safety.

During the meeting, council members discussed the reimbursement process for staff involved in the investigations, clarifying that the city would be able to recover costs associated with the labor of crew members assigned to this project.

In addition to the loan discussion, council members raised questions about the city's engineering contracts, emphasizing the importance of ensuring a fair distribution of projects among local engineering firms. This reflects a broader commitment to supporting local businesses and fostering community engagement in city projects.

Overall, the council's decisions during this meeting highlight a proactive approach to maintaining infrastructure and safeguarding public health, with a clear focus on transparency and community involvement in future projects.

Converted from Cody - City Council - Jul 15, 2025 meeting on July 15, 2025
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