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Public Works outlines equipment purchases and seeks grants and Penvest loan for wastewater projects
Summary
Public Works reported a state-funded backhoe purchase ($185,927.29), smaller capital buys (HVAC ductwork and mower), and plans to apply for an LSA grant for a vacuum truck (approx. $628,000). Wastewater staff discussed pursuing a Penvest loan to finance roughly $3.5 million in projects as a lower-interest alternative to bonds.
Public Works presented several action items and financing options for capital needs at the Lansdale work session.
The committee said a backhoe purchase will be funded through the Commonwealth of Pennsylvania with Representative Steve Malgari's assistance; the purchase price reported was $185,927.29. Public Works also listed a…
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