Brown County Utility Lands Water Improvement Funding
INDIANAPOLIS - Brown County Water Utility Inc. has secured funding to begin upgrades and improvements to its drinking water distribution system. The utility closed on a more than $8 million loan through the Indiana Finance Authority's Drinking Water State Revolving Fund loan program.
The IFA says by using the state revolving fund loan program, it will save about $1.75 million in interest over the life of the loan. The projects the loan will fund "are needed to replace aging water system components and to provide safe and reliable water to the utility members," according to the IFA.
The project includes improvements to the water transmission main, water main replacement, residential water meter replacement with automated meter reading capabilities and valve and hydrant replacement, among others. The IFA says the project should provide public health benefits with the upgrades and improvements.
The results of an environmental assessment for the project were released Thursday. They show the project would have "no significant adverse environmental impact." You can read the full report below: