Spindale’s needs for maintenance and rehabilitation have grown to a point where the gap between these needs and available revenue is excessively wide. This is due to the town’s history as a textile-manufacturing community. From its incorporation in 1923 up to the late 1990s, the town enjoyed a robust economy based upon the booming textile industry of the 20th century, but starting in the 1990s this element of the economy began to decline and, today, has all but disappeared. With respect to sewer wastewater infrastructure, it is important to realize that the textile mills used very large volumes of water and therefore created vast amounts of wastewater that must be piped through the collection system and treated at a wastewater plant.
Asset management is a means by which the town can assure its ratepayers and citizens that it is spending: 1) the right amount of money; 2) on the right item; 3) at the right time. Currently, plans for the sewer wastewater plant rehabilitation are moving forward as projected with assistance from the North Carolina Clean Water State Revolving Fund program. Asset management has enabled the town to gain a comprehensive long-term perspective on the condition of its wastewater system, as well as a fresh ability and logic to effectively analyze when and how to make needed repairs and upgrades.
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