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Sioux City receives $6.5 million water quality loan

SIOUX CITY (KTIV) – Sioux City has received a $6.5 million low-interest water quality loan from the Iowa Finance Authority and the Iowa Department of Natural Resources.

According to the city, the funds through the State Revolving Fund will be used for a three-phase water main construction project in Sioux City. The project will help to improve water pressure in low-pressure areas in the city’s north side.

Sioux City is one of several northwest Iowa communities receiving loans through the State Revolving Fund.

In Woodbury County, the city of Sergeant Bluff received a $1,242,000 loan and Smithland received a $564,000 loan for water-transmission improvements.

In Pocahontas County, the city Pocahontas received $2,779,000 for a sewer-treatment improvement project.

In Buena Vista County, Alta MU received $825,000 for a water-source improvement project and Rembrandt received $70,000 for a sewer-planning & design project.

In Sac County the city of Early received a $515,000 loan for water – planning & design.

“Reliable water infrastructure is essential for Iowa families, businesses and communities alike,” said Debi Durham, Iowa Finance Authority Executive Director. “The State Revolving Fund has helped more than 600 Iowa communities invest more than 2,000 water quality initiatives to date and is available to help many more.”

In all, more than $123 million in water quality loans were presented to 41 Iowa communities.

Blake Branch

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