NEWBURYPORT
$12M LOAN TO UPGRADE WASTE-WATER PLANT - The city will be eligible for a low-interest loan to fund upgrades to its waste-water treatment plant. Governor Deval Patrick's office announced last week that the state will offer financing, with 2 percent interest, to 99 communities across the state to help upgrade or replace aging waste-water and water-supply infrastructure. Newburyport was authorized for a $12 million loan to improve its waste-water plant, which has been described by officials as being on its last legs. Former City Councilor Erford Fowler cited the aging plant and its need for costly repairs last spring as one reason he opposed a tax increase to fund the city's schools. Newburyport must now file a loan application and receive approval from the state's Department of Environmental Protection to obtain the funding. - Kay Lazar
Good news, no? I believe the fix up was supposed to cost $20 million-plus?
I know this means we're just eligible to apply. But at least it's a start.
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