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Peru board reconfirms $9.4 million water treatment financing; public hearing restated
Summary
The Peru Town Board re-adopted bond paperwork and restated a notice from a public hearing to clear publication records for a water treatment project with a maximum estimated all‑in cost of $9.4 million and discussed EFC hardship financing and grant support.
The Peru Town Board on Feb. 19 restated resolutions and publication dates tied to financing for a planned upgrade to the town water treatment system, saying the project’s maximum estimated all‑in cost is $9.4 million.
Board members said the restatement was procedural to ensure proper notice for bond financing after a public hearing held earlier in the evening. “The maximum estimated cost is $9.4 million,” a board member said while asking that the resolution text be incorporated into the meeting minutes and made available to the public.
Members also discussed the project’s funding mix. The board said part of the work will be covered by grants and that a loan will be provided by the Environmental Facilities Corporation of New York State on an interest‑free basis under hardship financing the town qualified for. The transcript does not record a fully detailed breakdown of grant versus loan amounts during the discussion.
The board voted to move forward with the paperwork, approving the required resolutions by roll call. Board members said copies of the adopted texts would be provided to anyone who requests them and that the re-adoption was intended to preserve the town’s options for bond issuance.
Next steps noted in the meeting record include incorporation of the resolution text into the minutes and continued public access to the documents; no additional procedural deadlines beyond the publication restatement were recorded in the provided transcript.
