Heceta Water District
Important Messages
NEWS RELEASE - August 12, 2011
"Heceta Water District has received a very low interest loan to repair key infrastructure in the water system, along with almost a three quarters-million dollar grant to offset part of the loan,” said Heceta Water District General Manager Scott Meyer. On August 12, 2011, Heceta Water District was awarded a $1.8 million dollar loan through the Safe Drinking Water Revolving Loan Fund provided through the Oregon Water Authority and the Infrastructure Finance Authority. The loan will be used to repair key infrastructure that is in need of repair in the north area of the district. According to Meyer, the loan structure is quite attractive - carrying a very low 1% interest rate as well as a grant for $723,000 that will reduce the total amount of the loan from $1.8 million to approximately $1.1 million.
"Although the loan process took longer than anticipated, it is a good deal for our customers." said Meyer, "We really need to thank the Board of Commissioners, it was their diligence that made this happen." "In 2009, the commissioners increased rates and weathered a recall during their effort to achieve the district’s goals of being able to replace key components in the north part of the district,” commented Meyer, "The loan will be paid back through the recently enacted rate increase, and no new rate increases are expected to be needed to pay back the loan. "Our General Manager really deserves most of the credit for obtaining this loan for the District," said Heceta Board President, Bob Hursh, "He located the funding source, brought it to the Board's attention, and did all the work getting the loan approved." If you have questions or would like to find out more about the repair projects, please contact the Heceta Water District Office at 541-997-2446.
|
The District Heceta Water District was organized in 1966 to provide potable water to residents immediately north of Florence. After considering several water supplies, Clear Lake was chosen as the most desirable water source in 1967. The first permit to withdraw water from Clear Lake was obtained in 1968, and the District started delivering water in 1969. The District draws all of its domestic drinking water from Clear Lake. The district boundaries encompass about 15 square miles. We serve approximately 2,100 homes within the district, and at times in the past, have provided domestic water for the City of Florence (which serves almost 7,500 people). The District is governed by a Board of five district area residents. The daily affairs of the District are managed by the District Manager.
|
