3 Local Cities Approved for State Funding for Water Infrastructure Projects
Six cities in Greater Minnesota will receive grants and loans totaling more than $7 million for water infrastructure projects.
The Minnesota Department of Employment and Economic Development says the Minnesota Public Facilities Authority awarded the grants to the six cities, including three in the local area.
The city of Mankato is getting a $1.12 million grant to decommission 61 septic tanks in Southview Heights and connect the subdivision to the city’s sewer system.
The city of Courtland was approved for a $3.18 million loan from the Drinking Water Revolving Fund. The 20-year, 1% loan will save taxpayers $570,063 compared with the cost of a conventional loan. Plans call for rehabilitating and expanding the water treatment plant, rehabilitating two wells and building a 150,000-gallon elevated water storage tank.
And the city of Pemberton was approved for a $152,049 loan from the Drinking Water Revolving Fund to build a second city well that will serve as a backup water supply. The 20-year, 1.107% loan will save the city $25,682 compared with the cost of a conventional loan.
Funding was approved for projects in Lowry, Eden Valley, Rice Lake, Mankato, Courtland and Pemberton.
--KEYC NEWS 12