MAYVIEW AWARDED $3.5 MILLION FOR WASTEWATER TREATMENT SYSTEM IMPROVEMENTS

The Missouri Department of Natural Resources has awarded nearly $3.5 million in financial assistance to the city of Mayview for upgrades to its wastewater treatment system. The project is estimated to total over $4.1 million and should be completed by November 2025.

In addition to extensive upgrades to the treatment system, the project will also include refinancing the city’s refunded bonds that were issued to finance project design costs. The project is expected to result in improved water quality and will extend the wastewater system’s life and efficiency so that it can continue to serve the city well into the future.

Project funding consists of a nearly $1.4 million low-interest loan, and a nearly $2.1 million grant through the department’s Clean Water State Revolving Fund. This funding provided by the department is estimated to save the city’s ratepayers more than $2 million in principal and approximately $704,000 interest payments over the loan’s 30-year term.

The city will also receive a $652,500 Community Development Block Grant from the Missouri Department of Economic Development.