To start construction on a new sewage treatment plant and expand its sewerage system connections, the city of Holts Summit plans to seek a low-interest loan through the Department of Natural Resources State Revolving Fund.
Holts Summit City Administrator Brian Crane said the loans will help reduce the cost of issuing up to $7 million in revenue bonds approved by the voters two years ago.
Last April, the Holts Summit Board of Aldermen approved a series of ordinances designed to bring the city into compliance with U.S. Department of Agriculture standards to qualify for low-interest USDA loans to help finance the planned new sewage treatment plant and improvements to the city's sewerage system.
Also last April, Lake Mykee voters approved a $1.5 million bond issue to upgrade its sewerage system. Lake Mykee officials have indicated an interest in cooperating with Holts Summit to connect with its sewerage system in an effort to end its current problems of complying with state sewage treatment regulations.
Holts Summit aldermen have approved an ordinance authorizing an agreement between the city and David Fromme Excavating and RS Development to build a sewer expansion.
The board also approved a resolution authorizing the city administrator to direct the city's design consultants to proceed with development of collection system construction plans and specifications.
The work is needed to prepare for bidding and awarding construction contracts for targeted areas and other areas not served currently by the city of Holts Summit.