RMWD expected to repeal Ordinance 95-1

In April 1995, the Rainbow Municipal Water District board approved Ordinance 95-1 which requires approval by a public vote for the district to incur additional debt if the existing Rainbow debt is more than $1 million.

Rainbow staff and board members now believe that Ordinance 95-1 is handicapping the district's ability to obtain low-cost financing for necessary improvements and, on Sept. 18, Rainbow's board voted 5-0 to hold an Oct. 23 hearing on the possible abolition of Ordinance 95-1.

"The board intends to rescind that ordinance," said Rainbow general manager Tom Kennedy.

Registered voters...