Milford voters approved the city council-approved funding package for new water treatment structures Saturday that will replace the current Washington Street Water Treatment Facility.


Milford voters approved the city council-approved funding package for new water treatment structures Saturday that will replace the current Washington Street Water Treatment Facility. 

According to David Beard, the city manager, the referendum passed with 139 votes while eight votes were cast in dissention.

The project is estimated to cost about $4 million. The city council has agreed that a loan through the EPA’s Drinking Water State Revolving Fund would be the most economical choice for the city. The DWSRF loan offers a 1 percent interest rate over a 20-year payment plan as well as 35 percent principle forgiveness. This option cuts the total amount of borrowed money to $2.6 million with an annual debt service of $143,163.