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Bridgewater council approves $8.5 million loan authorization for water-system improvements
Summary
The council unanimously approved an $8.5 million loan authorization to fund water-system projects including the Plymouth Street treatment facility, water-main repairs and well development; the town plans to offset some costs with grants and apply for longer-term financing decisions later.
The Bridgewater Town Council voted unanimously to authorize an $8,500,000 loan for water-system improvements, a step town officials said is needed to complete the Plymouth Street treatment facility, repair recurrent water-main breaks and develop additional supply wells.
Town Manager Justin told the council at a public hearing that the authorization will give the town flexibility to advance multiple projects. “A large part of it is in terms of the Plymouth Street work — constructing that new treatment facility — and we’ll also use funding for water-main repairs, Vernon Street well work and other infrastructure,” Justin said. He noted the town has secured a $2,000,000 grant for the Plymouth Street project and expects to pursue additional grant offsets as available.
Councilors pressed for clarity on borrowing terms. Councilor Burke asked about likely interest rates and repayment length; the town manager said borrowing details depend on whether the town pursues short-term bonding (bond anticipation notes) or longer-term debt and that the finance director and bond counsel will recommend the best approach. “It’s tough to give you that direct answer right now,” Justin said, adding the town will inform the council as terms become available.
A resident who spoke in favor, Carlton Hunt, called the loan “absolutely necessary.” With no public opposition, Councilor Spago moved to approve the order and the measure passed by voice vote 9–0.
Why it matters: The authorization funds projects officials say will improve reliability and water quality — including PFAS treatment work — and positions the town to leverage grant money already awarded or applied for. The council asked the manager to keep members apprised of financing decisions and to provide regular construction updates.
Next steps: The town will work with bond counsel and finance staff to determine the loan structure and timeline, continue pursuing grant funding to offset costs, and provide a fuller DPW and construction update at the next council meeting.
