Warsaw to receive $3.25 million to improve its drinking water system
JEFFERSON CITY, Mo. (KMIZ)
The city of Warsaw will be receiving nearly $3.25 million in financial assistance from the Missouri Department of Natural Resources to upgrade to the city’s drinking water system.
The project is anticipated to be completed by August of next year.
Crews will replace aging water lines throughout the city with updated pipe, fittings, valves, service connections and meters.
The funding for the project consists of a $2 million Drinking Water State Revolving Fund grant and a nearly $1.25 million loan from the same fund.
The assistance provided by the department is estimated to save the city’s ratepayers $2 million in principal and approximately $217,000 in interest over the loan’s 20-year term.
“Grants and low-interest loans through the State Revolving Fund help Missouri communities like Warsaw with water and wastewater treatment system improvements that they might not have been able to undertake otherwise,” said Dru Buntin, director of the Missouri Department of Natural Resources in a release.