The Herald Bulletin

Morning Update

Local News

April 15, 2008

7:37 p.m.: Alex capitalizes on state loan

ALEXANDRIA — A recent move by city officials will save Alexandria $1.5 million over the next 20 years, according to Mayor Jack Woods.

The city closed on the $5 million loan Friday through the Indiana Finance Authority with plans to use the money to expand its wastewater treatment plant.

The $5 million will come from the Finance Authority’s Wastewater State Revolving Fund, which offers a lower interest than traditional finance institutions. “It’s the lowest interest we could find,” Woods said.

Gov. Mitch Daniels created the Finance Authority in 2005 to manage state-related financial programs including wastewater and drinking water state revolving fund programs under one entity. So far, the state revolving fund programs have loaned more than $492 million to local communities at low-interest rates. This, according to the authority, has saved utility customers more than $82 million in interest.

“We are pleased to offer an economical way for communities to address infrastructure needs that lead to a cleaner environment and excellent quality of life for current and future residents of our state,” said Jennifer Alvey, state public finance director.

Wastewater Superintendent Roger Thomas says the city needs to expand its wastewater treatment plant to meet the sewer demands of Alexandria’s 6,000-plus residents. “Our peak capacity is 3.6 million gallons. Normally, we put more than that through here. Our daily average flow was designed at 1.2 million gallons per day but we always do two million, especially this time of year.”

The new system, Thomas says, will raise capacity to meet demand even during heavy rains, when demand increases substantially. “What they’re going to do is up my daily average flow to two million and make the peak capacity at six million. That’ll help us in heavy rain situations. All your water off your streets — it all comes into the sewer.”

Woods says the city is also looking for grants to fund a separation of storm water and wastewater systems. “We are told by the state that we have to separate sewer and storm water.”

Text Only
Local News
  • NWS - HB0425 - Block Party - JC 2 Learning block by block More than 45 toddlers and parents came to the Pendleton Public Library on Thursday to play with blocks. Although that seems like a fairly normal, everyday activity, the children were learning skills that will help them down the road.

    April 24, 2014 2 Photos

  • Homeless man to be buried in Maplewood A funeral will be held at East Maplewood Cemetery at 9:30 a.m. today for Christopher Cook, a homeless man who died on April 17.

    April 25, 2014

  • Property tax deadline May 12 Almost 200 property owners have taken advantage of a new program implemented by the Madison County treasurer’s office that allows for monthly tax payments.

    April 24, 2014

  • City to celebrate Earth Day After a one-year hiatus, the celebration of Earth Day in Anderson will take place at Shadyside Memorial Park this Saturday.

    April 24, 2014

  • NWS - HB0425 - Primary Clerk-Tim Nardoni Clerk candidates discuss service, vote centers A seasoned politician is facing a candidate who says he is prepared to tackle the “egotistical officials pursuing lawless agendas” in this year’s race for Madison County clerk.

    April 25, 2014 2 Photos

  • South Madison offers 'cyber safety' program for parents From Facebook and Twitter to Instagram and Tmbler, the list of social media websites is long and seems to grow almost daily.

    April 25, 2014

  • NWS - HB0424 - Mike Spyers City plans to extend 67th Street to Main Street The city of Anderson is moving forward with plans to extend 67th Street from Dr. Martin Luther King Jr. Boulevard east to Main Street over the next few years as funds become available.

    April 24, 2014 2 Photos

  • SPT - HB0121 - Luck photo Luck, Colts to open season against Manning's Broncos

    The Indianapolis Colts will open the 2014 regular season at AFC champion Denver in a Sunday night showdown pitting quarterback Peyton Manning against his former team.

    April 24, 2014 1 Photo

  • Arrest Log: April 24 Arrests made by Madison County law enforcement on Tuesday and Wednesday, based on Madison County Jail records.

    April 24, 2014

  • Ritz, Glenda Ritz to speak at APA's Senior Girls Luncheon Indiana Superintendent of Public Instruction Glenda Ritz will be the guest speaker at Anderson Preparatory Academy's Senior Girls Luncheon on April 29.

    April 24, 2014 1 Photo

March Staff Photos


Buy and browse more photos from The Herald Bulletin

More Resources from The Herald Bulletin
Auto Industry Book
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Facebook