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Of note: Aspen Consolidated Sanitation District recently refinanced it’s revenue bond to take advantage of lower rates. As a result, we have shortened the term of the bond and saved over $927,000 dollars in interest. The bond was used to finance a state mandated $9.5 million dollar upgrade to the plant to remove nitrate. The work was completed 2009.
Future state mandates will require the removal of phosphates. The cost estimated for this next improvement is $12.5 million.
Even with these improvement, our quarterly charges remain the lowest in the western slope area!