The City of Rochester to benefit from the Indiana Finance Authority closing approximately $119 million in low-interest financing for the month of June to help five Indiana cities to fund drinking and/or waste-water infrastructure projects.
By leveraging the State Revolving Fund program, the communities will save an estimated aggregate of $50.2 million in principal and interest costs, compared to open-market financing.
The SRF program will also provide the City of Rochester with nearly $17.4 million in low-interest financing for improvements to its drinking-water systems. By utilizing the SRF program, the City of Rochester will save $7.4 million in principal and interest compared to open-market financing. This project will construct a new elevated storage tank, replace lead service lines, as well as complete looping projects within the distribution system. The City of Rochester’s project will reduce the risk of lead in drinking water, provide adequate water storage, and increase pressure and flow in the distribution system allowing the city to provide the most safe and reliable water to its service area.
Lucas Oil named title partner of 500 Festival Parade
Applications open for new United Way of Central Indiana initiative to build community solutions
New nature preserve dedicated in Owen County, another expanded in Lake County
Utilities District of Western Indiana REMC announces increases over next three years
Friday is National Wear Red Day
Owen Valley HS receives FEMA grant for repair from 2025 Spring storms
One week left to file for office in Indiana
History of Cloverdale – Talk at Putnam County Museum
