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Lewisburg council seeks roughly $5 million for pump station rehab, adopts related 10-year plan
Summary
Town staff presented a sanitary sewer pump-station rehabilitation project estimated at $5 million and the council approved resolutions to apply for Clean Water State Revolving Fund aid and to adopt a 10-year water/wastewater capital improvement and asset management plan; vote tallies were not specified in the transcript.
Lewisburg — The Lewisburg Town Council voted Thursday to apply for state Clean Water State Revolving Fund assistance to rehabilitate the town’s sanitary sewer pump stations and adopted an updated 10-year water and wastewater capital improvement plan and an updated asset management plan as part of the application package.
Town staff said the rehabilitation project is estimated at about $5 million and described the Clean Water State Revolving Fund as a combination of low-interest repayable loans with potential principal forgiveness. "The estimate for the necessary rehabilitation is an estimated $5 million," Mr. Brown told the council. Finance staff present described typical program terms used in prior projects as roughly a 20-year loan at about 2–3% interest with principal forgiveness around 50%, but they cautioned final terms depend on the program and current rates.
The resolutions to (1) apply for the grant/loan program, (2) adopt the updated capital improvement plan, and (3) adopt the updated water/wastewater asset management plan were each moved, seconded and approved during the meeting. The council discussion included a member’s question about whether the town’s outstanding audits could jeopardize eligibility; staff responded they did not expect state CWSRF funds to be blocked because of the audit status. The transcript does not include a roll-call tally for these votes.
The adopted CIP and asset management plan were described as required components of the CWSRF application; staff said the plans identify needed capital improvements and present estimated costs over a 10-year horizon. Mr. Brown told the council the town will pursue the loan/forgiveness package as appropriate for the identified pump station projects.
Next steps outlined by staff were to complete the application and follow the CWSRF application schedule and to continue coordination with auditors and finance staff on the town’s financials. The council provided the requested approvals so staff could advance the grant application process.
Ending: The council’s approvals allow town staff to submit the application and pursue program funding; the transcript states vote tallies were not specified and staff indicated actual loan terms and forgiveness levels will be set by the program if an award is made.
