CRWD has secured funding for project from USDA
Cass Rural Water District board member Laymon Carter reported that CRWD has been approved to receive approximately $680,000 in U.S. Dept. of Agriculture funding for its Sangamon Valley Township water line extension project along Rte. 78. Carter said the funds will come as a $346,000 grant and a $334,000 loan. The loan will come at a 1.875 percent interest rate, which Carter said is a 40-yr. low for rates.
Carter also said CRWD is in the process of satisfying a U.S.D.A. “letter of conditions” for the funds. This includes getting the needed easements for the project.