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444 then realize that they are in over their heads, could they stop the process. Mayor Fendley agreed that the Council needed some time to run some numbers and Gene Anderson needed sometime to see if he can float that issue without increasing water and sewer rates. Councilman Bell felt like they needed to look at some of the issues where they haven't spent all of the $9.5 million plus interest. He stated there were $2.5 million in proposed projects. He felt like things needed to be prioritized if we see things coming down the pipe. City Manager Malone said that would be a re- prioritization, because they realized that the new Water Tank was the No. 1 priority. They did not realize that the study would down -size the plant to 20 MGD by regulation, even though they did realize that it wasn't what it is currently rated. He reminded them that the Water & Sewer Sub - Committee had said there was excess capacity and there was no need for improvements. City Attorney Schenk reminded them the bonds were originally sold to satisfy an EPA administrative order. City Manager Malone said ADS did a study that the City was ordered to do. The administrative order required the City to imp_ lement all the repairs based on that report. The estimate of the money needed for those repairs was based on that report. He related the City was innovative in coming into compliance and getting out from under the administrative order for less money the report said. .Mayor Fendley said they need to set up a meeting to discuss the 3 to 5 year plans to see if they have the necessary funding or need to look elsewhere. He agreed with Councilwoman Neeley that the main issue in this meeting was to see if the Council wanted to submit the application. Then, he figured, there would be time before they heard back from the application to discuss these issues. City Manager Malone said if the Council believed the current customer base