By Aberdeen Insider - December 12, 2024 in WEB WATER DEVELOPMENT ASSCOCIATION
NOTICE OF PUBLIC HEARING
for the
WEB Water Improvements Project
WEB Water is seeking up to $892,000 of funding from the Board of Water and Natural Resources for upgrades to the Pleasant Valley Water District water system. The funds could be either a grant from the state Consolidated Water Facilities Construction Program or a loan from the Drinking Water State Revolving Fund (SRF) Program. The Drinking Water SRF loan terms are up to 3.75% for 30 years, and the Board of Water and Natural Resources may forgive all or a portion of loan principal. The amount, source of funds, and terms will be determined by the Board of Water and Natural Resources when the application is presented at a scheduled board meeting. The purpose of the public hearing is to discuss the proposed project, the proposed financing, and the source of repayment for the loan. The public is invited to attend and comment on the project.
The public hearing will be held at WEB offices on December 19, 2024 at 1:00pm.
Published once on December 12, 2024, at the total approximate cost of $12.04 and may be viewed free of charge at www.sdpublicnotices.com and www.aberdeeninsider.com