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Show j PL Grove to receive low-interest funds for water improvement I During the past 18 months, the Utah Safe Drinking Water Committee Com-mittee has authorized the allocation of low interest loans and credit enhancements totalling over $10 million to communities throughout the state. " Pleasant Grove was one of these. This statewide effort is designed to improve the quality of drinking water in smaller communities which otherwise may not be able to afford such capital improvements. The loans are administered through the Bureau of Public Water Supplies, Utah Department of Health. Gayle Smith, Bureau Director, notes that the committee and bureau closely check each proposed project. "We must be certain that each project funded by the committee is in the best interest of the pubic and that taxpayer's dollars are used in the best possible way," he said. The loan fund was made available by the 1983 State Legislature to provide financial assistance to communities and water districts for the construction of adequate drinking water systems. The which communities and water system owners can apply for low interest loans. Loan repayments are made to the revolving fund. Despite the magnitude of this program, it represents only a small portion of the resource necessary to fully meet the drinking water needs of the state. The preliminary results of a study completed by the Bureau of Economic and Business Research, University of Utah, show the need for one billion dollars to meet the capital facility needs for Utah's public drinking water system. Pleasant Grove received an $800,000 loan at low interest for water system improvements. |
