Area News Headlines
These news headlines brought to you by these fine sponsors:
Croswell Approves Plan to Finance Water Project
Mary Drier/Mike Kaufman
Mon, 12 Oct 2026 04:20:17 EDT
 |
click on the picture to enlarge
|
The Croswell City Council discussed the potential of using the Drinking Water State Revolving Fund (DWSRF) for water-line projects.
The plan is for Anderson Street, George Street and Jackson Court to connect and looped to tie into Nims Street.
The loop will go under the Black River at Harrington Street North of Nims where there is a cast iron connection.
The project could qualify for a loan with a 2 percent interest rate, but there isn't any additional grant money available at this time.
The Department of Environmental Protection (DEP) has a three year water service plan that could help towards paying off the loan.
The loop work is being done to improve water flow by increasing the size of the pipe with the lines that are being replaced.
During the meeting, it was noted that if the city turns down the funding for the project, the city will be ineligible to apply next year.
The estimated cost of the project is about $2 million and the city received a 15 percent discount on the loan due to the city's good credit score.
If the offer is accepted, it will be about $75,000 per year to pay it off and cost $2 per resident per month.
It was also explained that if the city decided to do the project later, the interest rates could increase and there might not be grant money available.
After learning that, the council approved going with DWSRF for the water project.
