The Village of
Maywood Board of
Trustees voted
to approve an
ordinance
authorizing a
loan agreement
between the
village and the
Illinois
Environmental
Protection
Agency to
replace two
sections of
water mains.
Contingent to
IEPA approval,
the 20-year
Public Water
Supply Loan
Program will
provide
$1,670,000 in
no-interest
funds to the
village.
Additionally,
with economic
stimulus dollars
being part of
the loan, 25% of
the project
costs will be
forgiven.
“The Village of
Maywood looks at
this opportunity
as an excellent
way to address a
long-standing
problem with two
major sections
of water mains,”
stated Village
Manager Jason
Ervin. Ervin
said that water
main replacement
will be on
Bataan Drive
from 9th
Avenue to 1st
Avenue and on 9th
Avenue from Main
Street to the
north village
limits.
“Continuous
leaks have
occurred because
of breaks in
those two water
mains,” Ervin
went on, “and it
has resulted in
numerous repairs
over the recent
years. This
20-year
no-interest loan
will be a real
investment to
Maywood,” Ervin
concluded.
Maywood has
advertised for
bids and will
open them at a
public meeting
on January 12,
2010. An award
will be made at
the following
village board
meeting,
pursuant to the
IEPA approval of
the loan.