Water company gets less of a rate hike than it asked, so council has to revise ordinance Thur.

The Midway City Council will hold a special meeting on Thursday, Dec. 16 at 8:30 a.m. at City Hall to give first reading to a revised ordinance increasing water rates, following the state Public Service Commission's decision reducing the rate increase requested by Kentucky American Water Co. The company got a 29 percent increase after asking for 37 percent to pay for its new water plant on the Kentucky River at the Franklin-Owen county line and the pipeline from the plant. The council gave first reading Dec. 6 to an ordinance based on the full rate request.