This project includes refinancing of an existing State Land and Investment Board emergency loan
that funded the replacement of an old three inch diameter transmission line, funded the construction
of a transmission line to connect an existing but unused well to the town's system and other
appurtenant facilities. The connection of the well previously drilled under a WWDC groundwater
grant will replace the town's old well system drilled around the early 1900s.
The Level II study identified a total of about 2.1 million dollars of needed improvements. The town
has been planning to phase the construction of the identified components. This project is phase one
and had to be accelerated to be able to utilize a grant from industry to help pay for improvements.
This project is included in the program at Level III status in the Rehabilitation Program with an
appropriation of $140,000. The total project budget is estimated to be $280,000. The financing plan
is a 50% grant, $140,000, and 50% is to be secured by the sponsor through other sources.
Plans have been prepared and construction will be completed early in 2002.
RECOMMENDED LEGISLATIVE ACTION:
No legislative action is required.