PIERRE, (KCCR) –The City of Pierre is seeking a State Revolving Fund loan to help pay for the water utility portion of a major project to upgrade utilities under Euclid Avenue while the South Dakota Department of Transportation also does a major rebuild on the street slash state highway through Pierre. City Engineer Nick Waters says costs for the project have increased, bringing the need to seek funding assistance…
A part of seeking an S-R-F loan from the Department of Agriculture and Natural Resources State Water Board is a surcharge to ensure the city can pay the loan back…
Commissioner Jamie Huizenga says the city doesn’t normally take on such a large project for infrastructure…
The Central South Dakota Enhancement District is helping the City of Pierre apply for the alternative funding for the project. The city is under no obligation to use all of the funding should it all be awarded.
