The City of Smithville and other utilities that get their water supply from Center Hill Lake are responsible for paying a portion of the repair, rehabilitation, and replacement of Center Hill Dam, under a water storage agreement with the U.S. Army Corps of Engineers.
The city’s portion, at $83,164, is figured at 0.032 percent, a cost that is based on the amount of storage area allocated for the city’s water supply. The city was given the option to pay the bill in a lump sum at the end of construction or to pay based on a cost schedule through the year 2013. The cost to the city is based upon a total repair cost of $263,000,000
Center Hill Lake supplies all the water for the City of Smithville, and the city also sells to the DeKalb Utility District. The City of Cookeville, which also gets it’s water supply from Center Hill Lake, sells to Baxter, Algood and Double Springs, among others meaning those utilities will also incur some of the cost as well. Cookeville’s share is $1.4 million. Riverwatch, which uses a small amount of water from Center Hill Lake for the watering of its golf course, will pay $27,400. Riverwatch’s share of the cost was tallied at 0.01 percent.
Smithville Secretary-Treasurer Hunter Hendrixson says the city will likely pay the bill in a lump sum by 2013.
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