NJ Town Council Amends Water Revenue Bond Ordinance to Reflect SRF Public Pool Interest Rate

North Judson Town Council members were required to make an amendment to the Town’s 2018 water revenue bonds ordinance when they met Monday night.

As previously reported, the Town is funding their drinking water project with money from a State Revolving Fund (SRF) loan. When members initially passed the water revenue bond ordinance, they included the anticipated interest rate which was 3.25 percent. Continue reading

Public Hearing Over OCRA Grant Application Held During NJ Town Council Meeting

A public hearing over a proposed grant application was held during the North Judson Town Council meeting earlier this week.

On Monday, KIRPC Executive Director Edwin Buswell explained that the grant application requesting a $550,000 wastewater/drinking water grant is due to the Office of Community and Rural Affairs on Friday. Buswell said the local match is for $1,268,000 which will come in the form of an SRF Loan. Continue reading