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Consultant: Kincaid qualifies for 100% EPA loan forgiveness to replace lead service lines
Summary
Chastain & Associates presented a two-phase plan to replace about 300 lead service lines; trustees authorized a $4 million borrowing ordinance to enable a $2.8 million first-phase project, triggering a 30-day referendum window after publication.
Chastain & Associates representative Ron Legner told the board that Kincaid’s water plan includes replacement of roughly 300 lead service lines and that the village "qualifies for one hundred percent loan forgiveness from the EPA," if structured under the program described.
Legner said the work would proceed in two phases: a $2.8 million first phase that covers engineering and construction and a second phase estimated at $1.2 million. He described a $4 million borrowing ordinance the village must pass to allow the mayor to sign the loan application and begin the EPA loan process; the ordinance requires publication and a 30-day period in which registered voters can submit a referendum petition to force an election on the borrowing. Trustee Nelson moved to approve the ordinance and Trustee Lawrence seconded; the motion passed on an all-aye vote.
