The town will first upgrade existing meters with transmitters and install a small number of new meters, then set rates, with a target date of billing on usage by spring 2010, Geraghty said.
Under the new system, some commercial establishments now paying arbitrary rates according to business category may see their water bills reduced, while others may see them increase, Geraghty said.
The wasted water under the existing non-metered system puts an excessive financial burden on not only the water district, but the town's sewer system as well, Reed said.
Cutting water usage could save sewage plant operation expenses as well, he said.
The vote vote wasn't unchallenged.
Board members Austin Markey and Dean Ackley voted no on the resolution, citing that committing money during the economic slump as not prudent.
Geraghty responded that the town would be actively seeking more grant funds, and accomplishing work as it obtained money.
Reed said the upcoming metered/computerized system detects leaks and excessive usage, and households and businesses will likely be notified as a courtesy to help them conserve water and minimize their water bills.