Salem Utilities Commission awaiting word on $15M loan | News, Sports, Jobs
mgreier@salemnews.net12- SALEM —Â The city Utilities Commission is expecting to hear in June whether a $15 million loan is coming Salem’s way to fund up front the Phase 3 sewer treatment plant upgrade. Commission Chair Bob Hodgson mentioned the possibility of receiving a loan for the full amount from the Ohio Water Development Authority for the project. Funds from a sewer rate increase that takes effect May 1 will help cover the payments for the loan needed to cover the required upgrades to meet regulatory demands, replace outdated equipment and increase efficiency at the plant on Penn...