>Ridgewood Water Company subscribers may soon be faced with additional rate increases following a revelation at Wednesday evening’s Village Council Work Session that an electric service hook up to the new Valley View Avenue water storage tank will cost $135K.
Although the $135K estimate for electric service installation was presented to Ridgewood Water Company officials on September 4, 2009, Village Council members were not made aware of the need for additional project funding until April of 2010.
It is believed that the recently installed Valley View Avenue water storage tank will not become operational until the $135K electric service installation is complete. Thus, Village Council members have now been backed into somewhat of a corner. That is, they must approve an unexpected $135K expenditure, or be faced with a new water storage facility that can’t be made operational (and lawn sprinkler peak season is rapidly approaching).
The Fly would like to know how many more Village employees will be laid off in order to make up for the surprise $135K expenditure?
