Important Water Works Updates

NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO ISSUE OSCEOLA WATERWORKS UTILITY REVENUE BONDS IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $750,000 (WATER REVENUE) The Board of Trustees (the “Board”) of Osceola Waterworks (the “Waterworks Utility”) will meet on October 3, 2024, at the Waterworks Utility Offices, 208 W Jefferson Street, Osceola, Iowa, 50213, at 5:30 o’clock p.m., to consider the issuance of Waterworks Revenue Bonds (the “Revenue Bonds”), the proceeds of which will be used for the purposes of paying the cost, to that extent, of constructing water improvements and extensions to the municipal waterworks system of the

On Friday, August 30th, all utility bills will be processed and sent out for the month. On that same day, the rear drop box for utility payments will be relocated. Currently, the rear utility payment drop box is located in the parking lot behind the Osceola Water Works building and marked by yellow posts. (see photo). The new rear utility payment drop box will be located in the alleyway on the west side of the Osceola Water Works building off of Jefferson Street. The photo below illustrates where the drop box will be and is marked by the orange cones.

Effective July 1, 2024 the following RESOLUTION AMENDING WATER RATES FOR THE CITY OF OSCEOLA will go into affect for all Osceola Water Works customers. Rate changes will be on the August 1, 2024 billing statement.

On Wednesday, May 22nd, 2024, Osceola Water Works board passed a resolution to EXIT Section 2 – Water Warning of the Water Conservation Ordinance and ENTER Section 1 – Water Watch of the Ordinance. Under these conditions and until further notice, no user shall use municipal water service in any manner contrary to the guidelines outlined in the ordinance. From the Ordinance: Section 1: Water Watch – Voluntary Conservation Measures A Water Watch may be declared when the water level in West Lake reaches an elevation 1070.5 feet above Mean Sea Level (“MSL”) which is 1.5 feet below normal pool