La Grange Plans $68.5 Million Lead Pipe Replacement Strategy
La Grange is facing an estimated $68.5 million cost to replace lead pipes, with annual expenses of $4 million starting next year. The Village Board will evaluate three funding options to address this infrastructure issue.
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La Grange's lead pipe replacement initiative is projected to cost $68.5 million, requiring $4 million annually from 2027. The Village Board will consider three funding strategies: requiring property owners to cover costs from the valve to their homes, increasing water rates to fund the entire project via a loan, or having the village cover upfront costs with residents repaying over three years.
The village staff will present the advantages and disadvantages of these approaches during the upcoming meeting. The chosen option will significantly impact residents and the village's financial planning.
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