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Millis approves $3.71 million zero‑percent loan for Well 3 PFAS treatment
Summary
The Millis Select Board authorized borrowing $3,707,090 through the Mass Clean Water Trust to finance construction of a PFAS treatment facility at Well 3, approving bond closing documents and authorizing signatures.
The Millis Select Board unanimously approved borrowing $3,707,090 through the Mass Clean Water Trust to fund construction of a PFAS treatment system at Well 3.
Treasury Collector Jennifer Scannell told the board the Clean Water Trust loan is offered at 0 percent interest and will be used with federal grant funding to pay capital expenditures for the PFAS plant. "The amount of this loan is $3,707,090," Scannell said, asking the board to authorize the town to enter the loan agreement and sign closing documents.
The board voted to adopt the bond counsel language and authorize signing of the note and closing documents for loan number DW2442. Select board members voted "Aye; unanimous."
The borrowing follows prior town meeting authorizations for the Well 3 PFAS work. Scannell said the town has already submitted a requisition and received federal funds for parts of the project.
The loan approval allows the town administrator and clerk to complete required closing paperwork so construction can proceed under the previously approved project scope.
Details the board did not specify in the meeting include the loan repayment schedule and the exact split of federal, state, and local funding; those items are to be reflected in closing documents and future project reporting.
