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Resident outlines financing shortfall for Southern 5 sewer project; Celeryville may be infeasible without aid
Summary
Resident Tom Secor told Willard council the Southern 5 sewer regionalization project is eligible for 0% WPLF financing and a principal forgiveness program, but large connection costs and estimated project prices ($6M for Celeryville; $17M for Holiday Lakes) mean Celeryville may not be feasible without additional assistance.
Tom Secor updated the council on the Southern 5 Sewer regionalization project, reporting that applications have been submitted to the Water Pollution Loan Fund (WPLF) with the Ohio EPA and that the project could qualify for 0% financing for 45 years and principal forgiveness.
Secor gave cost estimates and timelines: "The Celeryville project is estimated at six…
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