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City manager flags high wastewater construction costs, seeks federal help; warns of higher construction loan rates
Summary
Monte Vista's city manager reported that wastewater treatment plant bid openings show very high project costs; staff have requested congressional funding and are preparing to meet with bond counsel and rural development, noting construction loans could carry roughly 6% interest and rural development funds would be available only after the plant is operational.
City Manager Gigi Dennis told the March 17 council that the wastewater treatment plant is expensive and that bid openings made staff "numb" to the price tag. She said staff requested federal assistance and spoke with congressional and U.S. Senate staff; she reported asking a congressman's office…
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