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Canton opens hearings for Northwest Street sewer and drinking-water loan and grant applications
Summary
The Canton City Commission opened public hearings for Clean Water and Drinking Water DANR loan/grant applications to fund Northwest Street sewer and water-main improvements; staff said loans up to $1.827M and $1.946M are possible with projected per-user surcharges if fully loan-funded.
The Canton City Commission opened back-to-back public hearings on financing for Northwest Street infrastructure, taking the first step toward applications for state loan and grant funding.
Harley, a Secog representative, told the commission the city will submit two separate applications due Jan. 1, 2025: a drinking-water application seeking up to $1,946,000 and a clean-water application seeking up to $1,827,000. "The financing package announced in March could be any combination of loan, grant, or principal forgiveness," Harley said, and noted both programs use 30-year terms with interest around 3.75 percent.
If either request is funded entirely as loans, Harley said the city would repay from a project surcharge charged to utility customers. She gave estimated per-user impacts if fully loan-funded: about $7.42 per user for the drinking-water package and about $6.97 per user for the clean-water package. "Any grants, funds awarded would reduce that surcharge amount," she added.
Commissioners asked how project boundaries and future economic development would affect grant eligibility and whether county partnerships or regional funding could improve the funding package. Harley said Lincoln County has allocated roughly $725,000 toward the clean-water side and that eligibility decisions and subsidy levels are at the discretion of DANR. She also said coordination with the county and possible EDA involvement may be feasible depending on pending economic development opportunities.
After no public comments were offered, both hearings were closed and motions to move forward with the resolutions were seconded and approved by roll call.
Next steps: staff will file the DANR applications on the stated deadlines and continue coordination with county and regional partners as funding opportunities develop.
