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2002 LEGISLATIVE REPORT
Active Projects
| 128. | PROJECT: | Upton Tank Replacement | | | | | |
| LEVEL: | III |
| SPONSOR: | Town of Upton |
| LOCATION: | Weston County |
| PROGRAM: | Rehabilitation |
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| EXISTING LEGISLATION: |
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Purpose |
Chapter |
Session |
Account |
Appropriation |
Due Date |
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PROJECT DESCRIPTION:
During the summer of 2001 a deteriorated old water storage tank for the Town of Upton developed
leaks. Efforts to repair the tank were unsuccessful. As a result the town has applied to the State
Land Investment Board for a Mineral Royalty grant of $158,800 for 50% of the cost of the
replacement of the tank and received a Joint Powers Act loan of $158,800 for the other 50% of the
project. The sponsor is providing half the funding with their funds and would like to have the loan
they received replaced with a grant. The town will immediately begin construction of the 200,000
gallon replacement tank. The WWDC grant will be used to refinance the JPA loan.
RECOMMENDED LEGISLATIVE ACTION:
The WWDC recommends the project be incorporated in the Rehabilitation Program at Level III with
an appropriation of $158,800. The financing plan is a 50% grant of $158,800.
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