A sanitary sewer improvement city officials are looking at in the area west of Lake Vermilion has a hefty price tag — $4 million.
On Tuesday, city council members will consider applying for Illinois Environment Protection Agency clean water initiative loan funds to replace, upgrade and improve the sanitary sewer system serving northwest Danville.
The application would be to the IEPA State Revolving Fund Water Pollution Control Loan Program to assist with construction, sub-consulting and land acquisition for the project. The city will apply for $4.5 million.
The loan program has a 20-year repayment term with annual simple interest rates applied at one-half the bond market interest rate. The interest rate for the upcoming funding cycle year will be 1.93 percent.
The preferred alternative for the project eliminates a sanitary sewer crossing of Lake Vermilion, reduces the amount of force main adjacent to the lake and eliminates difficult to maintain gravity sewer in wood ravines.
The sewer service area includes Denvale, Denvale West, the Danville Country Club, Chateau Estates and New Rose Hill Cove.
Danville Urban Services Director David Schnelle said the application doesn’t mean the city will be successful in getting the funding.
Schnelle said this will show the state the city’s interest in the funding.
“We would be crazy not to apply,” said Ward 7 Alderman Bill Black.
In other business Tuesday, the council will consider:
- Authorizing a collective bargaining agreement with Local 703 clerical union; and amending the city’s wage administration chart.
- Authorizing the acquisition of property for the Fairchild overpass improvement project.
- Approving an intergovernmental agreement for local debt recovery.
- Purchasing farmland for $75,000 from Daniel Schlorff on the east end of Liberty Lane for the city’s new landscape waste recycling facility.
Council members had already approved an extended option to purchase the land through the end of November. The option price was $1,000. The land purchase is pending IEPA approval.