|Water/sewer district gets subsidy||| Print ||
|Written by Sentinel-Tribune Staff|
|Friday, 05 February 2010 10:45|
An additional $48.8 million has been obligated to fund 42 Ohio water quality improvement projects using U.S. EPA stimulus funding from the American Recovery and Reinvestment Act along with loans from Ohio EPA.
Projects receiving ARRA subsidies are combined with low-interest loans in most cases. They are funded through existing programs including the Water Pollution Control Loan Fund for water pollution control projects and the Water Supply Revolving Loan Account for drinking water projects.
Northwestern Water and Sewer District in Wood County received a $536,634 ARRA subsidy which was used to re-structure a $1.1 million WPCLF loan received in April 2009 to reduce the amount needing to be repaid to $655,054 at a 3.7 percent interest rate.
The sewer district is replacing an existing failing "package" wastewater treatment plant with a conventional treatment plant at a new location.
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