Colorado

May 11, 2010 2:13 PM by Bea Karnes, News First 5

Colorado Springs to vote on 12% water rate hike

The Colorado Springs City Council is expected to approve a 12 percent water rate hike Tuesday, the first step toward doubling water rates by 2016.

The reason: to pay for a pipeline system to ship water from Pueblo Reservoir.

The 12 percent hike would go into effect next year and in 2012.

 

The rate increases would help finance a pipeline and pump stations to deliver water to Colorado Springs from Pueblo Reservoir. Estimates of the project's cost range from $2.3 billion to $3 billion, depending on whether new reservoirs are built.

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