The state Board of Water and Natural Resources has approved loans for the city of Madison to complete upgrades to its storm water and wastewater systems.
Governor Kristi Noem announced Monday that just more than six-point-three-million dollars in loans from the Clean Water State Revolving Fund had been approved for Madison. The funds will be administered through the state Department of Environment and Natural Resources.
The City of Madison will use the funding to make improvements to its storm water and wastewater infrastructure. Storm water system improvements include replacement of approximately five-thousand linear feet of storm sewer pipe, removal of 30 manholes, replacement of 90 inlets, installation of 39 storm sewer junction boxes, and street and curb repairs. Wastewater system improvements include replacement of approximately 85-hundred linear feet of sanitary sewer pipe, thirteen-thousand-500 linear feet of sewer pipe re-lining, and street repairs.
The loans will cover the total cost of the project. Loan terms are two-point-one-two-five-percent for thirty years.
The State of South Dakota and the U.S. Environmental Protection Agency fund the Clean Water State Revolving Fund Program, which provides low-interest loans for wastewater, storm water and nonpoint source projects.
The board met Monday via remote video connection.