PIERRE – Gov. Dennis Daugaard announced recently that the state Board of Water and Natural Resources has approved a $775,000 low-interest loan from the Clean Water State Revolving Fund to Letcher for wastewater system improvements.
The loan includes $275,000 in principal forgiveness, which leaves a $500,000 loan repayment. Loan terms are 3.25 percent for 30 years.
“I am pleased to announce that Letcher will receive this assistance,” said Gov. Daugaard. “This money will help Letcher make necessary improvements to its wastewater collection and treatment systems so they are more reliable and efficient.”
The project involves replacing the town’s existing lift station, inspecting all of the sanitary sewer lines, and installing riprap along the dikes of the wastewater treatment ponds.
The funding package will cover the estimated cost of the project.
The Clean Water State Revolving Fund Program provides low-interest loans for wastewater and storm water projects. Principal forgiveness is a subsidy option that results in a reduced loan repayment amount for the borrower.
The board met Thursday and Friday in Pierre.
-
Weather
Failure notice from provider:
Connection Error:http_request_failedUpcoming Events
September 2024 SSunday MMonday TTuesday WWednesday TThursday FFriday SSaturday 1September 1, 2024 2September 2, 2024 3September 3, 2024 4September 4, 2024 5September 5, 2024 6September 6, 2024 7September 7, 2024 8September 8, 2024 9September 9, 2024 10September 10, 2024 11September 11, 2024 12September 12, 2024 13September 13, 2024 14September 14, 2024 15September 15, 2024 16September 16, 2024 17September 17, 2024 18September 18, 2024 19September 19, 2024 20September 20, 2024 21September 21, 2024 22September 22, 2024 23September 23, 2024 24September 24, 2024 25September 25, 2024 26September 26, 2024 27September 27, 2024 28September 28, 2024 29September 29, 2024 30September 30, 2024 1October 1, 2024 2October 2, 2024 3October 3, 2024 4October 4, 2024 5October 5, 2024 -
Recent Posts
Contact Us
Archives
Tweet