From: Amy Kyle, Clackamas Co. Water Environment Services
(WES), 503 742-4561
7-16--2009
Media and Interested Parties
Clackamas County awarded $4
million to fund water quality improvement project
The Oregon Department of Environmental Quality has announced
that Clackamas County Service District No. 1 (CCSD #1) is one of 13 programs in
the state that will receive a Clean Water State Revolving Fund (CWSRF) loan
from the American Recovery and Reinvestment of Act of 2009. CWSRF funds
support water quality improvement projects in
“This is an opportunity for the county to create economic stimulus in our community,” said Commissioner Charlotte Lehan. “By moving this project forward we will are creating jobs with local businesses and contractors in this difficult economy.”
The loan will help finance the North Clackamas
Revitalization Area (NCRA) project to construct a sanitary sewer collection
system to serve approximately 970 properties within CCSD#1's service
area. NCRA is an urban renewal district that covers about 1,000 acres of
mixed-use community in north
“This was an opportunity to tap stimulus funds to meet a pressing local need,” said Clackamas County Commissioner Bob Austin.
The $4 million CWSRF loan will include $2 million in principal forgiveness, with the balance of the loan to be repaid at zero percent interest. Interest savings on the loan will amount to $2.1 million over the 20-year loan period.
Construction on Phase 1 of the project is scheduled to begin in late September and will potentially employ 15-20 people either directly, or through contractors, for a year.
For more information please contact Kathy Frasier at 503-742-4566, visit www.RiverHealth.org or contact WES Community Relations at 503-742-4561.