WaterWednesday, November 11
The state forgave $19 million of the West Parish water plant loan
The Springfield Morning News team
If you're a Springfield Water and Sewer Commission ratepayer, here's a break. The Massachusetts Clean Water Trust said Monday it forgave $19 million of a $50 million loan for the new West Parish Water Treatment Plant in Westfield.
The state forgave $19 million of a $50 million loan
$19Mforgiven on the West Parish plant loan
Sources: NewsRadio 560 WHYN, MassLive.com
View as table
| Value | |
|---|---|
| forgiven on the West Parish plant loan | $19M |
“This loan forgiveness will not only save our ratepayers $19 million in direct costs, but also on interest payments for that amount.”
$363.8 millionestimated cost of the new West Parish plant
Construction in Westfield is scheduled to be complete in 2028.
Source: MassLive.com
WHYN reports that State Treasurer Deb Goldberg's office announced the forgiveness. The plant will use dissolved air flotation to remove more organic material from the water, which the commission says will help it meet federal standards.
- Forgiven statewide: $108.1 million across 46 projects
- Communities helped: 35
- Plant will serve: a quarter-million people
- Funding: a $250 million low-interest EPA loan
Sources: MassLive.com, NewsRadio 560 WHYN