Gov. Steve Bullock announced that the city of Sidney has been approved for a $1,710,000 State Revolving Fund (SRF) loan to finance needed improvements to its municipal water system.
Located in the southeast quadrant of town, Sidney Senior High School does not have adequate fire coverage due to hydraulics and the lack of a water main and fire hydrants along Fourth Avenue. The city also has sections of asbestos cement pipes in the Eighth and Eleventh street areas. There is also a water main located on private property and underneath a building, which is a liability concern for the city.
The SRF loan will enable the city to extend a new 10-inch diameter water line along Fourth Avenue from 14th Street to Fourth Street. This line will provide connectivity between the Northeast and Southeast quadrants of the town, increasing reliability and providing adequate fire protection for Sidney Senior High School.
To finance the improvements, Sidney will borrow $1,710,000 from the State Revolving Fund at 2.5% interest for 20 years.
The Montana Department of Environmental Quality (DEQ) will oversee implementation of the project while DNRC administers the loan.
“Communities that invest in modern infrastructure, including drinking water and wastewater treatment systems, benefit now and for generations to come,” said Gov. Bullock. “These projects not only create good-paying jobs for Montana workers, they better prepare our communities for new growth and development, enhance the health and safety of our citizens, and protect soil, groundwater and surface water.”
Frau Construction of Sidney has been awarded the bid for the project, which is expected to be completed by December of 2020.