A loan from the Ohio Environmental Protection Agency is being sought for Wellington’s upcoming repairs to Adams Street.
The zero percent interest loan would go toward water line replacement in the $1.3 million project, which also includes sewer and pavement replacement. Village officials are aiming for spring time as a target start date.
Money is also being sought from the Ohio Public Works Commission.
“We’ve submitted everything we need to submit,” said interim village manager Mark Rosemark. “About the only thing remaining is determining the funding needed for the water line itself.”
Wellington is also seeking an EPA loan to help replace its ground water storage tank. The EPA’s Water Pollution Control Loan Fund is offering $100 million in zero interest loans this year for projects to reduce phosphorous and other pollutants after putting the same amount into the fund in 2015.
Franklin County secured an EPA loan for Darbydale’s wastewater treatment plant in 2015 to reduce nutrient discharges and improve water quality. The loan, which totaled $654,000, saved Franklin County $95,000 when compared to a market-rate loan, according to the EPA.
The loans are partially supported by federal grants and managed by the EPA’s Division of Environmental and Financial Assistance with help from the Ohio Water Development Authority.
Jonathan Delozier can be reached at 440-647-3171 or @DelozierNews on Twitter.