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Joliet approves loans for water, sewer and road upgrades

Brock A. Stein | 4/20/2017, midnight
Joliet this week approved a resolution accepting a series of Illinois Environmental Protection Agency (IEPA) loans for water and sewer ...

Joliet this week approved a resolution accepting a series of Illinois

Environmental Protection Agency (IEPA) loans for water and sewer system

upgrades.

The city will borrow up to $132 million for water pollution control upgrades

and up to $36 million for water supply upgrades according to a city memo.

Work to be completed includes:

  1. Water main rehab for the downtown area (phase 1); Glenwood and

Forest Park (phase 1) and Terry Dr./ Marycrest Dr. (phase 2) water main

replacement at a cost of $7.6 million to be paid back over 20 years at 1.64%

  1. Improvements to the Aux Sable and Westside waste water treatment

plants for phosphorous removal at a cost of $19.3 million to be paid back

over 20 years at 1.75%.

  1. A sewer rehab project for $6.8 million

  2. Wet weather treatment facility (phase 3) upgrades for $38.3 million.

In addition, the city approved roadway projects that will be funded with

motor fuel tax (MFT) funds for just over $692,000.

The city will complete road improvements on Douglas Street and Knox Place

for just over $321,000 and improvements on Marion Street and York Ave. for

just over $371,000.

MFT funds come from a tax of 19 cents added for each gallon gas sold that is

earmarked for road upgrades and improvements.