The Pella City Council is holding their final meeting of calendar year 2014 on Tuesday.

The council will either award a contract for a new, $2.3 million Jordan Well or look at options for rebidding the project, depending on whether or not permits are received from the Iowa DNR in time for the council’s consideration. The first reading of an ordinance for a proposed 3% electric rate increase is also on the agenda. The meeting will start at 7 p.m. inside the Public Safety Complex on Liberty Street.