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Council approves state revolving fund loan participation to inventory service lines, help residents replace galvanized pipes
Summary
Portsmouth authorized participation in a Drinking Water State Revolving Fund loan of up to $3.5 million, with 71% principal forgiveness, to complete a service-line material inventory and subsidize replacement of privately owned galvanized service lines.
The Portsmouth City Council on Feb. 3 authorized the city to participate in a Drinking Water State Revolving Fund (DWSRF) loan of up to $3.5 million, using principal forgiveness to encourage homeowners to replace galvanized service lines and to fund the city's inventory work required by EPA rules.
Lede: The council voted to accept participation in a DWSRF program offering 71% principal forgiveness on eligible costs, a one-time opportunity the city will use to complete service-line material inventories and offer heavily subsidized replacements for privately owned galvanized service lines.
Nut graf: The approval follows a presentation by Water Resource Manager Al Pratt explaining regulatory…
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