DETROIT LAKES — Residents of Detroit Lakes, Perham, Frazee, Mahnomen and Long Prairie will save money on water infrastructure projects, thanks to low-interest loans and grants from the Minnesota Public Facilities Authority.
Detroit Lakes
will save over $119,000 on a $3.9 million project to rehabilitate sewer lines and replace aging water main along Willow, Holmes, and Frazee Streets.
Funding comes from a $1.9 million Clean Water Fund loan, which provided the 20-year loan at 2.6% – an estimated savings to Detroit Lakes of $57,821.
Detroit Lakes also received a $2 million Drinking Water Fund loan for 20 years at 2.6%, saving the city about $61,627.
Frazee
will save about $686,000 on a $1.4 million project to replace an aging sanitary sewer and water main along Highway 87 and Maple Avenue, in conjunction with a state highway reconstruction project.
Funding comes from a $622,142 Water Infrastructure Fund grant, a $573,624 Clean Water Fund loan – over 20 years at 2.12%, at an estimated savings Frazee of $50,819, and a $155,536 Drinking Water Fund loan at 2.12% – an estimated savings to Frazee of $13,673.
Perham
will save over $168,000 on its $3.62 million project to replace aging sanitary sewer lines and also install new water main, hydrants and gate valves.
The project is funded in part by a $1.8 million loan from the Clean Water State Revolving Fund, which provided a 20-year loan at 2.21% interest – an estimated savings to Perham of $53,810.
Perham also installed a new PVC watermain, 9 hydrants and 28 gate valves on First Avenue North, and Fourth and Fifth streets S.W.
This was funded by a $1.8 million loan from the Drinking Water State Revolving Fund, which provided a 20-year loan at 2.21% – an estimated savings to Perham of $114,511.
The City of
Mahnomen
will save at least $1.9 million on a $5.7 million project to improve its sanitary sewer and drinking water distribution system.
Mahnomen’s project received two state special appropriations of $650,000 and $1.3 million in Public Facilities Authority funding, and the project received a $3 million loan from USDA Rural Development and $173,000 from the city.
Long Prairie
will save over $270,000 on an $8.6 million project to replace the aging sanitary sewer and water main along Todd County Highway 56.
Funding comes from a Clean Water Fund loan of $4.8 million, over 20 years at 2.29%, at an estimated savings to Long Prairie of $148,549.
Long Prairie also received a $3.8 million Drinking Water Fund, over 20 years at 2.6% – an estimated savings to Long Prairie of $122,162.
In all, the Minnesota Public Facilities Authority provided $191 million in grants and loans for water and infrastructure projects to 29 Minnesota communities this year.
