"We want to make people aware that the city of Cleveland will be starting a project on Thursday to replace all the old water meters on the city's water system with new radio read meters," said City Engineer Greg Korb.
The work is related to an almost $3.267 million dollar project to upgrade the city's aging system, approved by the Cleveland Board of Aldermen earlier this year.
"By law, we get to look at that figure over a 15 year term,” said Siemens representative Chris McNeil of the initial investment at that meeting. “The way the MDA guidelines read is that the system must be able to pay for itself over a 15-year period."
McNeil added that this new system should net the city, at a minimum, $620,000 in positive cash flow over the term of the loan and that money is guaranteed.
"Working with the MDA, by law we have to guarantee that figure," McNeil explained. "If the city decides that this is something that they want to do, then we (Siemens) are on the hook for the next 15 years. If the revenues do not match what is in that study over that period of time then we have to write a check back to the city to cover the difference."
Korb said that the process of replacing the meters would cause a short interruption in service and a minimal inconvenience as possible.
"The contractors will be placing door hangers at residences telling them when they will be performing the work at that location," said Korb. "Most of the work will just require replacing the meter in the box and some may require more work if the box is an old cast iron box or if it is in concrete."
During the process all boxes will be brought up to ground level and replaced with a new plastic box.
Upon completion of this project at a location, the contractors will return yards and concrete back to its original condition.
"We ask that residents give the contractors time to complete this task," said Korb. "If anyone should have any questions please feel free to contact the City Engineer's office at 846-5706."