The Springfield City Council meeting scheduled for 6January2025 has an updated meeting time of 7:00pm instead of 6:30pm which means that the Public Hearing for the 11th, Ash & Oak Utilities Project will be amended to 7:00pm.
NOTICE OF PUBLIC HEARING for the SPRINGFIELD ELEVENTH, ASH & OAK STREETS UTILITIES PROJECT
The City of Springfield is seeking funding from the South Dakota Board of Water and Natural Resources to upgrade water and sewer facilities along portions of Eleventh, Ash, and Oak Streets. The funds could be either a grant from the State Consolidated Water Facilities Construction Program or loans from the Clean Water State Revolving Fund (CWSRF) and Drinking Water State Revolving Fund (DWSRF) Programs. The City is seeking up to $565,000 from the CWSRF program and $505,000 from the DWSRF program. The expected CWSRF loan terms are 3.75 percent for 30 years and the DWSRF loan terms are expected to be 3.25 percent for 30 years. The Board of Water and Natural Resources may forgive all or a portion of the loan principal for both loans. The amount, source of funds, and terms will be determined by the Board of Water and Natural Resources when the applications are presented at a scheduled board meeting.
A public hearing will be held at the Springfield City Hall on January 6, 2025 at 7:00pm to discuss the project, the proposed financing, and the source of repayment for the loans. The public is invited to attend and comment on the project. Notice is further given to persons with disabilities that this hearing is being held at a physically accessible location. Please contact the city finance office at 605 369-2309 if you have any questions about the hearing.