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Council hears options for water system loans; grants not available due to income rules
Summary
Town staff reported on meetings with the Division of Drinking Water and UDOT: Interlaken does not qualify for drinking-water grants because of median adjusted gross income; loan options include DDW loans at about 4.45% and coordination with the Utah State Infrastructure Bank via UDOT.
Town staff updated the Interlaken Town Council on funding options for water and road infrastructure after meetings with state agencies.
The town’s local administrative contact with MAG (the council said) put staff in touch with the Utah Division of Drinking Water (DDW) and with UDOT. Staff told the council that DDW staffer Heather Pate confirmed the town does not qualify for grants because the town’s…
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