The lime would cover the thick layer of sludge at the bottom of the ponds.
It was the sludge that was creating the foul-smelling hydrogen sulphide gases that were bubbling to the surface of the ponds.
Horizons Regional Council had served an abatement notice on council, giving it until February 7 to sort out of the odour problem.
There have been no reports of illnesses attributable to the stench but Wanganui's medical officer of health Patrick O'Connor said living with the smell day after day could be stressful.
Dr O'Connor said he had done a brief survey of Wanganui GPs and none of them had seen patients with illnesses attributable to the smell.
There have been anecdotal stories of people suffering sore throats and eyes and nausea due to the smell.
Dr O'Connor said that was possible, as some people are more susceptible than others to the irritant effects of the smell.
"For many people, the experience of living with an objectionable odour will be stressful, and foul odours can also induce feelings of nausea," Dr O'Connor said.