The NC Department of Environment and Natural Resources (NCDENR) has approved a loan for Johnston County. The $828,764 loan will go towards a sewer rehabilitation project. The funding will come from the Clean Water State Revolving Loan, established in 1987 to aid local governments in financing the costs of construction of wastewater treatment works, wastewater collection systems, water supply systems and water conservation projects.
Chandra C. Coats, Director of Johnston County Public Utilities, said the project will include the inspection of 34,500 linear feet of gravity sewer mains, flow isolation studies and rehabilitation, repair or replacement of mains and manholes on Wilson Street in Smithfield, Buffalo Road, and the Neuse River interceptor area.
The county will repay the loan over a 20 year period with an interest rate of 1.69 percent.
During their monthly meeting held Monday, commissioners unanimously approved accepting the loan for the project.