KIA approves $525K loan to the City of Mount Sterling

FRANKFORT, Ky. (November 7, 2019) – The Kentucky Infrastructure Authority Board has approved a Fund A loan (P & D) in the amount of $525,000 to the City of Mount Sterling, Montgomery County, Kentucky

 

This will fund the planning and design of a project to upgrade Mount Sterling's Hinkston Creek Wastewater Treatment Plant from its current 3.0 MGD rating to 6.0 MGD in order to continue providing adequate service to the community. The future construction project will also increase capacity on the South Queen Street sewer main that is currently experiencing sanitary sewer overflows and issues with inflow and infiltration.

Among its functions, KIA provides low-interest loans to public utilities for projects having to do with storm water control treatment systems, solid waste management systems and other infrastructure vital to public health.

KIA was created in 1988 to provide funding mechanisms for local public works projects. As of last year, the agency had provided more than $1.7 billion in assistance to municipalities across the Commonwealth wanting to expand access to potable water. KIA is under the Office of the Governor and administratively attached to the Department for Local Government. To learn more, visit kia.ky.gov.

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