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Tetonia ranks for $1.2 million DEQ loan for water upgrades; USDA and BLOCK grant options discussed
Summary
Consultant Rick Miller told the May 12 Tetonia City Council the city ranked high enough for a $1.2 million DEQ loan to fund drinking‑water upgrades and discussed potential USDA loan terms and a BLOCK grant that could reduce borrowing needs; staff will return with details in June.
Rick Miller of ALTURA told the Tetonia City Council on May 12 that the city ranked highly enough in the DEQ process to be eligible for a $1.2 million loan to upgrade the drinking water system.
Miller outlined potential financing pathways: USDA loan products that could offer favorable terms (a representative estimate mentioned was approximately 2.5% for 30 years) and a BLOCK grant opportunity of up to $650,000 that could reduce the amount the city would need to borrow. He said the city should first decide whether the project remains a priority and whether to pursue block‑grant funding, and that additional decisions could include holding a bond election or pursuing judicial confirmation depending on the financing route.
No formal council action was taken at the May meeting; Miller and staff will return with more detailed estimates and options at the June 2026 meeting.
