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Council hears wastewater treatment upgrade: $27.8M project wins 14.9% loan forgiveness from Clean Water Trust
Summary
Public works staff reported a $27.8 million wastewater treatment plant upgrade to improve efficiency and meet phosphorus limits; the project received 14.9% loan forgiveness from the state's Clean Water Trust and a subsidized 1.5% interest rate.
City wastewater officials briefed the council on a $27.8 million treatment plant upgrade designed to improve process efficiency, meet anticipated phosphorus limits and rehabilitate critical infrastructure; the project will receive 14.9% loan forgiveness from the Clean Water State Revolving Fund (Clean Water Trust) and a subsidized loan at about 1.5% interest.
Commissioner Fox said the funding package includes $4,150,000 in loan forgiveness and is substantially cheaper than…
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