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Wednesday, October 27, 2010

New Sludge Tank

This picture shows the rebar going up for the walls of a new sludge storage tank at the Wastewater Treatment Facility (WWTF).  The approximately $3.5 million dollar WWTF construction contract was awarded to the low bidder--Meridian Contracting Services, LLC  of Alpena. 

The project is possible because of a low interest rate loan from the United States Department of Agriculture -- Rural Development (USDA-RD).  USDA-RD was able to offer the City a rate of 2.35 percent for 40 years.  Using provisions of the "Build America Bonds," the interest rate was reduced to 1.54 percent.

Also, the Michigan Economic Development Corporation (MEDC) provided a grant of $750,000 toward the WWTF project.

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