HEUVELTON – The state Environmental Facilities Corporation gave final approval for $2.8 million in a grant and an interest-free loan for the villages sewer rehabilitation project on Thursday.
The package is broken down into a $2 million grant and a $775,000 interest-free loan.
Mrs. Lashua said the zero-percent interest loan is a huge gift for a community. It will save us so much money in interest.
The restoration project, scheduled to begin in late summer or early fall of this year, will include the repair or replacement of roughly 75 manholes and more than 4,000 feet of pipe, the installation of back-up power at two pumping stations and the replacement of old electrical infrastructure at the wastewater treatment plant, according to an EFC press release.
The Environmental Facilities Corporation is pleased to assist the Village of Heuvelton in providing an affordable solution to their clean water needs, Matthew J. Driscoll, EFCs President and CEO, said in a press statement.
The village is expecting to pay for the balance of the $3 million project with an anticipated $500,000 grant from the North Country
Regional Development Council, according to Mrs. Lashua.
But the $775,000 loan from the EFC is more than the $500,000 loan Mrs. Lashua was expecting.
Mrs. Lashua said the extra financing may allow the village to do more with the project than originally planned and she plans on meeting with the project engineers to discuss the possibilities.