Board greenlights IEPA loan
ELBURN—The Village Board at Monday’s Committee of the Whole meeting gave the greenlight for the village to obtain a low-interest loan from the Illinois Environmental Protection Agency for the wastewater treatment plant improvement project. The amount, $7.6 million, will be paid back over the course of the next 20 years.
“This is just the next step in the process,” Village President Dave Anderson said. “It’s just more paperwork.”
The board will vote to approve the ordinance authorizing the loan at the next regularly-scheduled board meeting on Monday, May 19.