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Newfields receives first payment from $2.9M Clean Water loan; first check $290,000
Summary
Chair Javier Heiran told the Select Board the town will receive a $290,000 payment from a $2,900,000 Clean Water State Revolving Fund award; the announcement noted part of the loan may be forgiven up to $1,000,000.
Chair Javier Heiran told the board the town would receive the first check of $290,000 from a $2,900,000 Clean Water State Revolving Fund (CWSRF) award. He said that portions of the funding are eligible for forgiveness, and that the town expects more details from the program as the project proceeds.
Board members noted the funding will be used for water-related infrastructure and that additional steps (design, bidding and project accounting) will follow according to the town's normal procurement and capital project process. Heiran corrected an initial figure and clarified the total award as $2,900,000 and the first payment as $290,000 on the record.
The board did not vote that evening on specific allocations of the award; staff were asked to provide details and next steps in a future meeting.
