|(SEPTEMBER 13, 2011) $938,000 IN USDA RURAL DEVELOPMENT FUNDING TO THE CITY OF OSBORN|
|Osborn, Missouri, Sep 13, 2011
@@Anita J. (Janie) Dunning, Missouri State Director for USDA Rural Development, presented a Certificate of Congratulations to the City of Osborn on Tuesday, September 13, 2011 for funding the City has received.
The $938,000 USDA Rural Development loan, in combination with $500,000 of Community Development Block Grant funds, will be used to make renovations to the City of Osborn’s public waste water collection and treatment system. These improvements will provide for a safe and sanitary public sewer system for the City’s 455 residents and the surrounding environment. These improvements will address much needed maintenance and operational issues with the water system.
“This is a great partnership effort when everyone works together for a common goal of meeting the needs of an environmentally safe waste disposal system,” said Dunning. “I commend all the partners for their hard work in making this project a reality.”
“The improvements to be made to the City’s public sewer system will insure a safe, sanitary and economical system,” said Osborn Mayor Jennifer Burwell. “In addition, this project will allow the City to continue to meet regulation standards.”
Burwell added, “The City of Osborn would like to thank our elected officials for their support of these projects and the financial assistance available through USDA Rural Development.”
Tom Bliss, Executive Director with the Mo-Kan Regional Council located in St. Joseph has assisted the City in securing $500,000 of additional grant funds through the Community Development Block Grant Program (CDBG). The Missouri Department of Economic Development administers CDBG funds to eligible applicants that are at least 51% Low to Moderate in income.
The public sewer project is currently in the final design stage. Olsson Associates of Kansas City, MO are the project engineers. By obtaining Rural Development financing, a fixed interest rate of 2.25% with a 35-year repayment term was secured for the $938,000 loan for the public sewer system improvements. USDA Rural Development’s Water and Environmental Programs are available to eligible entity’s to provide financing for public water and sanitary sewer facilities for rural residents.
Dunning added, “I am pleased that the residents of the City of Osborn will benefit from a substantially improved public sewer system. Special thanks are extended to our federal elected officials for making available the federal funds for these kinds of projects.”
USDA Rural Development’s mission is to deliver programs in a way that will support increasing economic opportunity and improve the quality of life for rural residents. Rural Development provides funding and technical assistance to finance and foster growth in homeownership, business development, and critical community and technology infrastructure. Anyone seeking more information about the water and environmental programs, or any other USDA Rural Development programs, may visit the Missouri’s homepage at http://www.rurdev.usda.gov/mo/ or by contacting the St. Joseph Rural Development Area Office, 3915 Oakland Avenue, St. Joseph, MO 64506 or by calling (816) 364 – 3767 (extension #4).
“Committed to the future of rural communities.”
“USDA is an equal opportunity provider, employer and lender.”
To file a complaint of discrimination write USDA, Director, Office of Civil Rights, 1400 Independence Ave., S.W.,
Washington, DC 20250-9410 or call (800) 795-3272 (voice) or (202) 720-6382 (TDD).