Council hears water-utility financing plan; hydraulic testing underway
Councilmembers said Phase 1 repairs for the town water plant will be funded by a 50% grant (up to $500,000) from the West Virginia Water Development Authority and a 2% IJDC loan for the town match; the town is also seeking $1,000,000 via Army Corps funding and conducting hydraulic testing to confirm a working capacity of roughly 500,000 gallons.
The full story
Council members described a multi-step financing plan to address urgent repairs at the Town of Bath water plant. Speaker 5 said the town has a 50% match opportunity up to $500,000 from the West Virginia Water Development Authority, paired with a 2% IJDC loan to cover the required match; she said the Phase 1 package is the quickest way to start repairs and that the town remains in contention for a $1,000,000 Army Corps congressional-directed funding request.
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