Spanish Valley Water Storage
Summary
Moab is applying for a $3 million state loan to build a new 1.5-million-gallon water storage tank, financed through a 15-year revenue bond at 3.72% interest. Residents have until September 23, 2026, to submit comments on the project, which could impact future water rates.
At a glance
- Total mentions
- 9
- Last 30 days
- 0
Discussed at 2 meetings in the last 60 days; most recently Sep 9, 2026.
Impact analysis
A $3,000,000 loan to be repaid over 15 years at 3.72% interest, with potential impacts on local water rates.
Moab water users and the city as a whole will benefit from improved water storage capacity and system reliability.
Water users could potentially face increased water rates to cover the loan repayments.
Mentions & discussions (20)
Request for Public Comment on Loan Application to the Board of Water Resources — September 9, 2026
Moab is applying for a $3 million state loan to build a new 1.5-million-gallon water storage tank, financed through a 15-year revenue bond at 3.72% interest. Residents have until September 23, 2026, to submit comments on the project, which could impact future water rates.
Special City Council Meeting — September 8, 2026
Moab is moving forward with a $3 million state loan to build a 1.5 million-gallon water tank in Spanish Valley. The project will be funded through a 15-year bond with a 3.72% interest rate, paid back using city water utility revenues.
Special City Council — September 8, 2026
Moab is taking out a $3 million state loan to build a new 1.5 million-gallon water storage tank in Spanish Valley. The loan will be paid back over 15 years using city water utility funds.
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