Gibbon awarded $700k state funding for water improvements
(St. Paul, MN) – A Sibley County community will receive state loans and funding to improve the city’s water infrastructure.
Gibbon will replace old clay sanitary sewer pipes with PVC pipe. The Minnesota Public Facilities Authority announced that the city will receive a $704,458 Clean Water Revolving Fund loan to cover the costs of the project. The 20-year loan is expected to save the city $66,951 in comparison to market-rate financing.
Gibbon is one of four cities in the state receiving loan and grant funding for water infrastructure projects. Atkin, Dassel, and Marshall will also benefit.
Click here to follow us on Facebook
Click here to FOLLOW @SouthernMNnews on Twitter.
(Copyright © 2019 Southern Minnesota News. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)