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Town of Lloyd authorizes $5.64M water-plant grant application and opens bond hearing
Summary
The board authorized the supervisor to apply to the EFC for $5,639,000 in improvements to the John Jenkoitch water treatment plant and agreed to a 40% local match (~$2.26M); the board opened and then closed a public hearing on a bond order to finance the work should grant funds require bond authorization.
The Town of Lloyd board on Sept. 3 authorized the town supervisor to submit an application to the Environmental Facilities Corporation (EFC) for water-infrastructure improvements to the John Jenkoitch water treatment plant, citing an engineer's estimate of $5,639,000 for the project and the town's commitment to provide the required 40% local match.
"We're going to try and put this grant in again. I've written it myself this year," the supervisor said, adding he planned to submit the application before the deadline. The town's agenda text lists the match as approximately $2,255,600.
The board discussed that the grant application is being resubmitted after prior attempts and that, if a grant is awarded, the town may still need to finance part of the project. To prepare, the board opened a public hearing for a bond resolution that would authorize up to $5,639,000 in bonds for the Highland Water District if needed. The hearing was duly noticed, no members of the public spoke, and the board closed the hearing and adopted the order directing the town engineer to prepare plans, specifications and a final cost estimate.
The agenda lists the engineering work as performed by Briner and Larios (as printed in the meeting packet) and states the board is acting as lead agency for SEQR (finding the project a type II action and not requiring further environmental review under the wording in the packet). The town said any bonds issued would be repaid through water metering charges and assessment levies for the Highland Water District.
Next steps: staff will complete the EFC grant application and obtain final engineering cost estimates; if the grant is not awarded the town can rescind bond authorization or proceed with financing as needed.
Note on financial figures: the amounts here are excerpted from the meeting materials and the board's statements; the supervisor said he would finalize application materials before filing.
