News Release 696
City of Hayti receives $164,334 for wastewater improvements
Volume 38-696 (For Immediate Release)
For more information: 573-751-1010
JEFFERSON CITY, MO, DEC. 21, 2010 – The Missouri Department of Natural Resources has awarded the city of Hayti in Pemiscot County with a $78,334 state rural sewer grant and an $86,000 state small borrower loan to make necessary wastewater improvements.
The city will use these funds to construct an ultraviolet disinfection system to upgrade the existing wastewater treatment facility. The interest rate on the loan will be approximately 2 percent, which is substantially below current market conditions. The project is estimated to cost $165,917 and is expected to be completed in March 2011. The city will provide the remaining funds to pay for the project.
The department sold $50 million in bonds in November 2007. The sale of the bonds allows the department to provide the city with the grant funds to support the Clean Water Initiative for water and wastewater improvements.
The Department of Natural Resources’ Water Protection Program will administer the grant and loan funds. The department is committed to working closely with communities to assist with funding efforts that support water and wastewater infrastructure improvement projects as well as provide a financial savings.
For more information, contact the department’s Water Protection Program, Financial Assistance Center, P.O. Box 176, Jefferson City, MO 65102-0176 or call 800-361-4827 or 573-751-1192.