|(AUG. 28, 2012) USDA ANNOUNCES FUNDING FOR WATER SYSTEM IMPROVEMENT PROJECT IN PARIS|
|Lexington, KY, Aug 28, 2012
@@USDA Rural Development State Director Tom Fern will be in Bourbon County today to announce funding to upgrade the city of Paris’ water treatment plant. Fern will present a ceremonial check in the amount of $500,000 to Mayor Michael Thornton, who will be joined by Congressman Ben Chandler, city commissioners and other local officials.
Rural Development has awarded the city a low-interest loan in the amount of $300,000 as well as $200,000 in grant funds. The project includes plans to rehabilitate the 26-year-old elevated storage tank, as well as the addition of a Supervisory Control and Data Acquisition (SCADA) system for more efficient water monitoring and other updates to the treatment system.
“Rural Development’s support for infrastructure projects reflects our commitment to ensuring rural communities can create jobs, attract businesses and provide essential services to residents,” said Fern. “The local, state and federal officials representing the city of Paris have worked in concert to make this project a reality, ensuring that these communities can provide adequate water service to residents and businesses while also planning for future needs and enhancing opportunities for economic development.”
The total project cost is estimated at $1 million and additional funding is being provided through a $500,000 grant from the Environmental Protection Agency.
For additional information on RD projects, please visit Rural Development’s new interactive Web map featuring program funding and success stories for fiscal years 2009-2011. The data can be found at: http://www.rurdev.usda.gov/RDSuccessStories.html.
President Obama’s plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President’s leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America’s economy, small towns and rural communities. USDA’s investments in rural communities support the rural way of life that stands as the backbone of our American values. President Obama and Agriculture Secretary Tom Vilsack are committed to a smarter use of Federal resources to foster sustainable economic prosperity and ensure the government is a strong partner for businesses, entrepreneurs and working families in rural communities.
USDA, through its Rural Development mission area, has an active portfolio of more than $172 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
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