NEWS

Galva seeking half of $4.85 million costs through loan

Carol Townsend
The Galva City Council will apply for a $2.5 million low-interest loan to help pay for over $4.8 million of estimated projects.

The City of Galva will apply for a $2.5 million low-interest loan from the Illinois Environmental Protection Agency (IEPA), which will help pay for $4.85 million in capital improvements.

The loan application will be filed now that the Galva City Council on May 23 unanimously approved the capital improvements plan, which includes:

• $3.7 million in water and sewer upgrades, including 11,000 linear feet of sewer lines mandated done by the IEPA.

• $1 million in the street department

• $60,000 in the police department

• $90,000 in the ambulance department

The capital improvements total – $4,852,879 – was approved Monday night by the council. It includes 37 projects to be completed by 2016.