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Committee backs bid to expand lead service line work using state SRF funds
Summary
The Finance & Budget Committee recommended that city council approve moving forward with a $5.1 million bid for prioritized lead service line replacements, leveraging Illinois EPA State Revolving Fund (SRF) principal forgiveness and a 0% SRF loan to cover a portion of costs.
The Finance & Budget Committee on the evening recommended that City Council approve moving forward with a $5,100,000 bid from Millennium for the city’s prioritized lead service line replacement project, a multi-part package combining lead service-line work and related water-main replacement.
Water Production Bureau Chief Darryl King told the committee the project plan approved by the Illinois Environmental Protection Agency (IEPA) authorized up to $5,000,000 for year one under a five‑year SRF program and that the city had been awarded more principal‑forgiveness funding than it originally budgeted. “Our project plan was approved for up to $25,000,000 — 5 million dollars each year,” King said. “When we were going through the budget season last year, we budgeted what we knew at the time… we budgeted 2,300,000 for lead…
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