The town is among a list of local governments across North Carolina to receive loans and grants from the State Water Infrastructure Authority for infrastructure projects.
Valdese is receiving $210,692 from the ConnectNC Bond and $632,078 Drinking Water State Revolving Fund loan program, which is a zero-interest loan, for upgrades to the town’s water plant, according to information from the state.
Greg Padgett, town wastewater supervisor, said the money will be used for new motor control centers at the water plant.
He said the bond and loan will take care of the cost of replacing the motor control centers and the debt payments on the 20-year loan will be paid from the town’s utility fund.
Valdese also received $681,700 in a Drinking Water State Revolving Fund zero-interest 20-year loan for the town’s 2018 Water System Upgrades Project, and $500,000 in funding with the principal amount being forgiven, according to information from the state.
Padgett said the $1,181,700 total will be used to replace: » 690 linear feet on Logan Drive.
» 625 linear feet on Lakeview Acres Road.
The money also will be used to replace a control valve on Zion Road, Padgett said.
The Valdese and Rhodhiss projects were among 127 projects in the state to receive funding, according to the state.
“ From water quality to economic growth and protecting public health, we are proud to partner with North Carolina towns and cities to strengthen their communities’ access to clean water through this funding,” said Michael S. Regan, secretary of the N. C. Department of Environmental Quality.