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Anacortes council approves $4.5 million interfund loan to accelerate CSO pump station work
Summary
City council adopted Ordinance 5006 to loan $4.5 million from the water fund to the wastewater fund to begin construction on a combined sewer overflow (CSO) pump station; staff said the project is 100% designed and bid-ready and delaying construction would require a costly redesign.
The Anacortes City Council on Oct. 13 approved Ordinance 5006, authorizing an interfund loan of $4,500,000 from the water fund to the wastewater fund to start the combined sewer overflow (CSO) pump station project.
The loan, structured as a five-year simple-interest repayment at the five‑year Treasury rate of 3.61%, will provide cash liquidity so construction can begin on a pump station staff say is 100% designed and bid-ready. Public works staff said the pump station will reduce the risk of sanitary sewer overflows by increasing the system’s ability to empty the large trunk line that runs down R Avenue and relieve surcharging manholes near the Safeway area.
“Adding the CSO pump station will…
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