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EFC Approves Loans for Utica Storm-Related Sewer Projects

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Utica to Receive $11.6 Million from New York State for Next Phase of Stormwater Control Project
           
On October 9, 2014, the New York State Environmental Facilities Corp. (EFC) announced that $11.6 million in grants and low-cost loans have been approved for the City of Utica to improve its wastewater collection system and prevent stormwater overflows in downtown Utica.

The city’s combined sanitary and stormwater sewer system will be fortified by replacing sewer mains and repairing gaps where water can seep into the collection system and lead to overflows.

The EFC Board of Directors today approved two short-term loans – a $2 million interest-free loan and a $2 million low-interest loan – that will save the city $134,500 over the cost of borrowing on its own. Utica previously received a $5 million Water Quality Improvement Grant from the Department of Environmental Conservation and a $1.3 million grant from the Empire State Development Corp.

“The funding provided by the State for these essential projects will go to great lengths in improving the City’s aging infrastructure and sewer system.  I thank Governor Cuomo and EFC President Driscoll for once again delivering for the residents of Utica,” Utica Mayor Robert Palmieri said.

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