State Board Finances Water-System Improvements And Solid-Waste Projects

KELO Pierre Capitol building legislature

A state board provided financing Thursday to eight South Dakota communities and two organizations for water improvements and waste-disposal projects.

The biggest deal of the afternoon was a nearly $37 million loan to Pierre for a new surface water intake and a drinking-water treatment plant.

City administrator Kristi Honeywell told state Board of Water and Natural Resources members their support would be “invaluable.”

“We really need a new water-treatment plant,” Honeywell said.

Board member Jerry Soholt of Sioux Falls asked where Pierre’s cash was.

Replied state official Andy Bruels: “We consider loan funds local cash.”

Terms are 30 years at 2.5 percent interest.

Tulare came out well Thursday. The state board approved $1,145,000 of principal forgiveness on a $1,395,000 loan so Tulare can make improvements to its water system such as replacing a transfer pump and building a larger water tower.

Terms on Tulare’s loan balance are a 2.5 percent interest rate over 30 years. The Spink County community of about 200 people also received a community development block grant to help with the project.

Mitchell received $4.6 million in loans for improving its water systems and to install best-management practices in the Firesteel Creek watershed.

The drinking-water loan of $690,000 comes at 2.25 percent interest rate over 20 years for Mitchell. Two bonds totaling $3.9 million are at 1.25 percent over 20 years for storm water and sanitary sewer lines and better management on Firesteel Creek.

Chamberlain received a $300,000 loan to replace water meters this year. Terms are 2 percent for 10 years.

“I heartily endorse this proposal,” state board member Paul Gnirk of Viewfield said, predicting “astronomical” benefits for Chamberlain. “I wish all the cities would eventually go to this type of meter reading.”

Crooks received approval for a $348,000 loan amendment for sanitary and storm water improvements at 2.5 percent for 30 years.

Tri-County Landfill in rural Brule County received a package to purchase a different compactor to replace the current one that’s more than 20 years old.

The state board approved a $300,000 grant and a $300,000 loan at 2 percent over 10 years for Tri-County.

Hot Springs received a $17,000 grant to help get rid of piles of wood chips.

Sioux Falls got a $283,000 grant to help purchase equipment to deal with an estimated 85,000 ash trees scheduled to be cut down in the coming decade because of the emerald ash borer.

The Solid Waste Management Association received $41,000 to help host training for landfill operators.

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