File photo
File photo
A $6.2 million water, sewer and wastewater treatment project appears ready to move forward with the final additions, bond funding in place and approvals gained from the Woodhull Village Board.
The project was designed to make improvements to the community’s existing sewer system by phasing out an old treatment plant and installing a new facility to meet state and federal environmental regulations. A new treatment plant to handle wastewater has been in operation in the community since March 16.
“The final piece of the wastewater treatment project is adding an 8-inch force main from the east lift station to the new wastewater treatment plant,” Woodhull Mayor Dave Holmes told the Register Mail.
The cost of this segment of the project is $364,000 with the main itself costing $229,969. Funding is being provided by a grant from the U.S. Dept. of Agriculture. The report said the village had received $174,000 in grant funding and another $190,000 in loans from the USDA, bringing the total in grant money to date to $2.3 million, or about 40% of the total project cost.
The Woodhull Village Board approved an ordinance authorizing the issuance of sewer revenue bonds for the town and Henry County, the total amount not to exceed $190,000, the report said. Holmes told the board the project was garnering favorable interest rates.
“The interest rate, if it stays where it is by closing, is an amazingly low 1.5%, which is even lower than the already low rate of 2.375% obtained in the earlier part of the project,” he said. “This brings the total amount in loans to $3,760,000, or just over 60% of the total project.”
Miller Trucking and Excavating Co. in Silvis, Illinois was awarded the contract to install the 8-inch main line for the project with a bid of $229,969.
The project can begin this fall the report said.