Water pipelines get approved for loan relief
The Highland Pines Domestic Water Improvement District (HPDWID) Board of Directors recently received approval from the Water Infrastructure Finance Authority (WIFA) of Arizona for a $650,000 loan to continue major improvements to the community's 50-year-old water pipelines.
The loan is one of a first round of loans approved by WIFA, announced on their website April 15, funded with federal stimulus money it has received from the American Recovery and Reinvestment Act (ARRA) of 2009 in conjunction with the U.S. Environmental Protection Agency (EPA).
WIFA assists communities and private water systems by providing access to low-interest financial assistance needed for basic water infrastructure. Because of WIFA and ARRA, the HPDWID is able to replace approximately 9,000 feet of aging pipelines that are now causing a loss on average of 130,000 gallons of water per month. The District's new pipelines will ensure that the 900 customers it serves will efficiently receive clean drinking water for the anticipated 75-year plus life of the piping material.
T&H Construction of Prescott was awarded the ARRA compliant contract and will begin work immediately, with completion anticipated by end-of-year 2009. An important component of the ARRA funding is that it is instrumental in stimulating the local economy by creating and securing jobs in the Prescott area.