News Release 416
Gov. Nixon announced the village of St. Elizabeth received $2,573,785 in loans and grants for wastewater system improvements
Volume 37-416 (For Immediate Release)
Contact: Renee Bungart
JEFFERSON CITY, MO, NOV. 6, 2009 -- Gov. Jay Nixon announced the Missouri Department of Natural Resources has awarded the village of St. Elizabeth in Miller County with $1,300,000 in wastewater loans and $1,273,785 in wastewater grants. During tough economic times, this infusion of loan and grant funding will help the village protect its citizens and the environment by making necessary wastewater improvements.
The village will use the loans and grants to construct a new wastewater collection and treatment system. The project is estimated to cost $2,729,440 and is expected to be completed in July 2010. The village will provide matching 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 village with loan and grant funds to support the Clean Water Initiative for water and wastewater improvements.
The department's Water Protection Program will administer the loan and grant 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 800-361-4827 or 573-751-1192.