City of Rhome seeks funds to improve water

By Richard Greene | Published Saturday, September 29, 2018
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Rhome City Council approved a resolution Tuesday to apply for up $850,000 in funding from the Texas Water Development Board through the Drinking Water State Revolving Fund.

The funding would be used to make water improvements throughout the city, including repairing a well that is currently offline due to Texas Commission on Environmental Quality compliance issues. Monies could also be used to add and replace lines to correct other issues.

Derek Turner of the engineering firm Jacob and Martin, who is helping with the application, said a portion of the funds would have to be used to address the TCEQ issues with the well.

The city’s proposed project ranked third among more than 200 projects in the state.

“It would be wonderful to get the work done on our water system,” said council member Leeanne Mackowski in moving the motion for the resolution.

The city will be working with its financial adviser, engineers and bond counsel to submit the application by Oct. 5 to try to capture green project funds that are eligible for principal forgiveness. The green funds could be as much as 10 percent of the total project according Turner. The bulk of the funds would be available in low-interest loans with rates ranging from 1.7 to 2.5 percent.

“Ten percent could be $85,000,” said Mayor Michelle Pittman di Credico. “That’s a lot of money for a city our size.”

Turner admitted it was “a tall order” to complete the application in time, but it could be done.

“We’ve done it in a shorter time,” he said. “The biggest thing is gathering all the information.”

Turner added if they miss the deadline by a few days, they could still likely get some of the green funds. The deadline will not affect the low-interest loans.

By passing the resolution for the application, the city is not obligated to take the loan.

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