Jan. 22, 2025
HARRISBURG - Rep. Martin Causer (R-Cameron/McKean/Potter) and Sen. Cris Dush (R-25) today announced more than $19 million in low-interest loans for two infrastructure projects in McKean County.
The Bradford City Water Authority will receive a $4.1 million loan to support replacing all existing water meters with new meters capable of remote data transmission. The change is expected to save the authority approximately $150,000 in operational costs each year.
Pennsylvania American Water Company will receive a $15.2 million loan to address issues at the Kinzua Road wastewater treatment plant. Most of the equipment at the plant, which was built in the 1990s, is at the end of its useful life, resulting in effluent exceedance levels at the plant.
"Efficient, effective and environmentally sound water and wastewater treatment systems are important to the health and safety of our residents," Causer said. "I support investments like these in our infrastructure systems to improve quality of life in our communities."
"Both of these low-interest loans are proactive initiatives to ensure the safety and overall quality of McKean County's water supply," said Dush. "I'm grateful that PENNVEST exists to cost-effectively finance these types of projects across the Commonwealth. I'm even more grateful that local taxpayers and those living on fixed incomes will not have to bear the enormous price tag of these critical water monitoring and wastewater treatment upgrades."
Bradford City Water Authority serves 5,384 households in the city of Bradford and the townships of Bradford, Foster and Lafayette, while also providing bulk service to the borough of Lewis Run. Pennsylvania American Water Company serves 90,193 residential customers overall with this project impacting 1,511 households in Kane and 328 households in Wetmore Township. The interest rate on the loans is 1% for the first five years, and 1.743% for year six through maturity.
Since its inception in 1988, PENNVEST has served communities and citizens by funding sewer, storm water and drinking water projects across the Commonwealth. PENNVEST funding does not come from the state's General Fund budget, but through the use of federal funding and prior bond issues by the state, as well as proceeds from Act 13 of 2012, the Marcellus Shale Impact Fee.
Representative Martin T. Causer
67th District
Pennsylvania House of Representatives
Media Contact: Patricia A. Hippler
717.772.9846
[email protected]
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