Loading…
Friday, July 11, 2014
Current Weather
Loading Current Weather....
HomeNewsLocal
Published: Sunday, 11/20/2005

State gives Toledo loan to fix Point Place sewer

Toledo s project to eliminate overflows from the Point Place sanitary sewer has received a $1.84 million low-interest loan from the Ohio Environmental Protection Agency.

The project will extend a relief sewer up Edgewater Drive from 134th Street to 149th Street to eliminate a sewer overflow at 145th Street.

The loan comes from the Ohio EPA s Water Pollution Control Loan Fund.

The project is part of the city s Toledo Waterways Initiative, a $450 million project required through a consent decree between the city and U.S. EPA to correct wet weather problems throughout the city s wastewater system.

The low interest rate will save the city an estimated $557,000 in interest over the 20-year life of the loan when compared to market interest rates.

Additionally, the city has received a $702,000 grant for the project from the Ohio Public Works Commission.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.



Poll