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Legislative News and Views - Rep. Dean Urdahl (R)

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URDAHL ANNOUNCES HOWARD LAKE GAINS FINANCING APPROVAL FOR WASTEWATER PROJECT

Monday, June 08, 2009
ST. PAUL – State Rep. Dean Urdahl, R-Grove City, announces Howard Lake will be awarded a nearly $6 million grant to help the city connect with the Annandale/Maple Lake wastewater treatment plant. The Minnesota Public Facilities Authority recently approved Howard Lake’s financing application, providing $5,999,619 which Howard Lake taxpayers will not have to repay. “This is great news for the people of Howard Lake,” said Urdahl, a member of the Capital Investment Committee which authorizes funding for these types of programs. “There was a lot of competition for the available funding, so congratulations to Howard Lake for its successful application. I was happy to support PFA funding that was used for this project because our infrastructure must remain a top priority.” Another $4 million will be provided to Howard Lake in a Clean Water Revolving Fund loan through the American Recovery and Reinvestment Act. The loan is for 20 years at an interest rate of 1.076 percent. The MPFA estimates the favorable financing conditions will save local taxpayers at least $10.2 million in interest costs when compared with current market rates. Howard Lake will use the money to finance construction of a lift station and forcemain to transfer flow from Howard Lake to the Annandale/Maple Lake wastewater treatment plan. Urdahl successfully authored legislation to increase PFA funding, providing added financial support for projects like this. -30- Dean Urdahl represents District 18B in the Minnesota House of Representatives. The district includes most of Meeker County and a portion of Wright County. This is Urdahl’s third term in the legislature after being elected in 2002, 2004 and 2006.
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