Galeton Receives PENNVEST Loan
HARRISBURG – Rep. Martin Causer (R-Turtlepoint) on Wednesday announced a $520,127 loan has been awarded to the Galeton Borough Authority by the Pennsylvania Infrastructure Investment Authority (PENNVEST).
The funding will be used to breach two impoundment dams and replace them with stream channel infiltration facilities that are not only less expensive to maintain but also provide increased water availability.
“PENNVEST provides much-needed assistance to our communities to address water-related concerns,” Causer said. “I am pleased to see this agency supporting Galeton’s needs.”
“Clearly, the existing dams have been repaired a number of times, but they’ve deteriorated to the point where the continued corrections became cost prohibitive,” said Senator Joe Scarnati. “This financing will allow the authority to install a new system that is more reliable, and improve the overall quality of life for its customers.”
The loan is part of an $87 million investment in 18 non-point source, drinking water, and wastewater projects in 18 counties across the state. The funding comes from a combination of state funds approved by voters, federal grants to PENNVEST from the Environmental Protection Agency and recycled loan repayments from previous PENNVEST funding awards. Funds for the projects are disbursed after bills for work are paid and receipts are submitted to PENNVEST.
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The funding will be used to breach two impoundment dams and replace them with stream channel infiltration facilities that are not only less expensive to maintain but also provide increased water availability.
“PENNVEST provides much-needed assistance to our communities to address water-related concerns,” Causer said. “I am pleased to see this agency supporting Galeton’s needs.”
“Clearly, the existing dams have been repaired a number of times, but they’ve deteriorated to the point where the continued corrections became cost prohibitive,” said Senator Joe Scarnati. “This financing will allow the authority to install a new system that is more reliable, and improve the overall quality of life for its customers.”
The loan is part of an $87 million investment in 18 non-point source, drinking water, and wastewater projects in 18 counties across the state. The funding comes from a combination of state funds approved by voters, federal grants to PENNVEST from the Environmental Protection Agency and recycled loan repayments from previous PENNVEST funding awards. Funds for the projects are disbursed after bills for work are paid and receipts are submitted to PENNVEST.
The news leader of the Twin Tiers ...since 1947
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