$20 million in new funding secured for wastewater plant
“Logan this week secured additional funding for its regional wastewater treatment plant after estimated construction costs increased by $25 million in the past two years. The Utah Water Quality Board, an appointed board under the administrative arm of the Utah Division of Water Quality, or DWQ, on Wednesday approved a new $20 million, 30-year loan at 1.5 percent interest. In 2015, the Water Quality Board approved an initial $70 million loan with a 20-year life at 0.75 percent. The $90 million in funding from the DWQ will combine with a $10 million loan from the Community Impact Fund Board. “That gives us the $100 million we were looking for,” Mark Nielsen, Logan senior construction management engineer over the project, said in a Wednesday interview.”
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Sure is empty down here...