Members of the Pierce City Board of Aldermen were updated on the status of the well malfunction that occurred in late March during the council's regular April meeting.
Mayor Allen Stockton said the fuse at the south water tower blew sometime after workers made their final check of the evening on March 28, causing the well to shut down.
Water usage caused the water supply at both the north and south wells to drop below a usable level. City residents were under a voluntary boil order for about 24 hours.
"It was an operation fuse," Stockton told aldermen. "If that pole out by the well gets struck, it will cause problems every time."
Although the boil order was voluntary on behalf of the city's residents, Stockton said it was a matter of protocol for the Missouri Department of Natural Resources (DNR).
"We had a bit of rust in the water from re-filling the system," he said. "[A boil order] is standard operating procedure in a case like that."
Stockton also reported the wastewater treatment plant had dropped two bearings, one of which had been repaired. The other part has been ordered.
"Those bearings are in constant use at the treatment plant," Stockton said.
Tyson Markham, an investment banker with McLiney and Company, was in attendance at the April meeting to discuss the city's option to re-finance $500,000 from a 1999 bond issue. Markham said the city was currently paying about 5 percent in interest, but the bonds could be re-financed to a lower rate of 2.6 percent, saving the city nearly $48,000 in interest payments.
"Your 1999 bond had a debt service reserve for emergencies," Markham said. "It is my recommendation that you leave it in place. Having a reserve is nice."
Markham stressed the debt service reserve was for emergencies only.
In other business, aldermen:
* Discussed purchasing a shelter for a generator that has been installed at the Pierce City Fire Department and surrounding the unit with a chain link fence.
* Ordered 48 replacement street signs at a cost of $23.55 each.
* Approved making repairs at Lakin Funeral Home on concrete damaged by city equipment.
* Tabled a request for a building permit at South Walnut and Halstead streets until the property line is legally determined.
* Made a generator payment in the amount of $2,000 for the unit at the wastewater treatment plant.
* Heard the Harold Bell Wright Museum is open for the season. Hours of operation are from 1:30 to 4 p.m. on Thursdays and Saturdays.
* Were informed the new flood plain map is available for the public to view during regular business hours at City Hall. A public hearing on the flood plain map will be held prior to the next regular meeting of the Pierce City Board of Aldermen. The regular meeting will start at 7 p.m. on Monday, May 14 at City Hall.