State Rep. Martin T. Causer | Pennsylvania 67th Legislative District
State Rep. Martin T. Causer | Pennsylvania 67th Legislative District
Rep. Martin Causer and Sen. Cris Dush have announced that over $19 million in low-interest loans will be allocated to two infrastructure projects in McKean County. The funding aims to improve water and wastewater systems, benefiting local communities.
The Bradford City Water Authority is set to receive a $4.1 million loan for replacing all existing water meters with new ones capable of remote data transmission. This upgrade is projected to save the authority around $150,000 annually in operational costs.
Additionally, Pennsylvania American Water Company will obtain a $15.2 million loan for improvements at the Kinzua Road wastewater treatment plant. Built in the 1990s, much of the plant's equipment has reached the end of its useful life, leading to issues with effluent exceedance levels.
"Efficient, effective and environmentally sound water and wastewater treatment systems are important to the health and safety of our residents," said Rep. Causer. "I support investments like these in our infrastructure systems to improve quality of life in our communities."
Senator Dush added, "Both of these low-interest loans are proactive initiatives to ensure the safety and overall quality of McKean County’s water supply." He expressed gratitude towards PENNVEST for financing such projects without burdening local taxpayers or those on fixed incomes.
The Bradford City Water Authority serves 5,384 households across various areas including Bradford city and nearby townships, while Pennsylvania American Water Company provides services impacting 1,511 households in Kane and 328 households in Wetmore Township. The loans carry an interest rate of 1% for the first five years, increasing slightly thereafter.
PENNVEST has been instrumental since 1988 in supporting sewer, stormwater, and drinking water projects across Pennsylvania using federal funds, state bond issues, and proceeds from Act 13 of 2012 without relying on the state's General Fund budget.