Richwood applies for new water plant loan
By Michael Williamson, Richwood Gazette
Richwood officials are moving forward on a loan application agreement for funds that will help construct the new water plant.
At the Monday village meeting, council voted to approve the measure, which would bring nearly $1.3 million into the village for the project.
The money would go toward the new construction but also help repurpose the existing facility.
Village Administrator Monte Asher said the money would be repaid through residents’ monthly water bills.
“It will go on each bill and be like $6 a month to repay that,” he said. “It will be its own line item, just like the new sewer line that’s a $1.53….