The Village of Red Hook has moved its water system improvement project forward by awarding contracts worth $851,243 to Trinity Construction of Selkirk ($459,973), Whalen Electric of Kingston ($43,500) and National Metering of New Jersey ($347,770) and completing the bidding phase. The goal of the project is to substantially upgrade the village’s water infrastructure by increasing well field capacity and replacing outdated water meters to better monitor usage.
The overall cost of the project will be $1.3 million, with funding coming from a U.S. Department of Agriculture rural development loan that carries an interest rate of 2 percent and a term length of 38 years.Short-term financing for the project is expected from New York’s Environmental Facilities Corporation.
No start date has yet been set for construction; however, it is expected that all final approvals will be in by early November.
Facebook Comments