Loan applications for water line, waste water plant upgrades

Nicholasville officials got some good news Monday evening about financing its upcoming wastewater plant upgrades.

Nicholasville Public Utilities Director Bob Amato told the City Commission the Kentucky Infrastructure Authority approved a 1.5 percent interest race for a loan, instead of the normal 2.5 percent rate.

Over the course of the $20 million loan, that will save the city about $113,000 annually, Amato said.

“This is a really good position to be in,” he said.

Amato said he was anticipating a bond issue to finance the project and an interest rate of less than 2 percent. The loan, though, was too good to pass up.

“We don’t know where the bond market will be in three or four months,” he said.

The project will add a second oxidation ditch at the wastewater treatment plant on Short Shun Pike, Amato said. There will be other upgrades to the facility, which was build in 1998.

“We’re doubling the footprint of the plant,” he said.

The project will bring the facility’s capacity from 4.1 million gallons per day to 7.1 MGD, he said. Should the need arise later, changing pumps would increase the capacity to 8 MGD, he said.

The project would take about 18 months to construct, he said.

The commissioners voted unanimously to authorize the loan applications for the wastewater plant and a second project to install a 24-inch water main from the Kentucky River.

Amato said the main would be an additional line from the river and eventually running toward East Jessamine High School.

“That’s tying into an existing loop around the city,” he said. “It will reduce our operating costs by reducing the pressure needed to get the water to the city.”

The new main would also increase capacity to 8.5 MGD, he said.

The 24-inch main project is estimated at $5 million and should be completed in about 14 months, he said.

SportsPlus

community columnists

RESTORING VOTING RIGHTS HELPS EVERYONE

News

KY Senate approves bill removing state protections for wetlands, groundwater, small streams

News

Coleman joins multistate challenge to New York’s Climate Superfund Act

News

Bill barring use of public funds on transgender treatments for Kentucky inmates advances

Education

Local high schooler represents Jessamine County at WoodSongs

News

Goodwine honored during Kentucky courts’ Black History Month Celebration

business

New Restaurant seeks startup help from Nicholasville City Commission

Jessamine County

Police Department mourns the death of officer; How to help his family

Education

Webinar aims to change the narrative around the SNAP program

Jessamine County

Jessamine County grocery sold winning lottery ticket 

News

KY voters could limit governor’s pardon powers with amendment cleared by Senate

business

Annual Chamber Dinner celebrates community members

High Bridge

Jessamine County Library Hosts Black History Events

News

Kentucky urged to increase criminal penalties, education to protect kids from ‘sextortion’

News

Protest gathers at Kentucky Capitol to push back against Trump orders

business

Sen. Donald Douglas appointed to Council of State Government Southern Office Committee

Jessamine County

Veterinarian medical center joins Chamber of Commerce

Asbury University

Asbury University Generates $84.7 Million in Economic Impact for Kentucky

business

Last year saw increase in degrees, credentials issued by Kentucky colleges, universities

Jessamine County

Nicholasville Police Reports

High Bridge

Upcoming Jessamine County Public Library events

News

AOC launches scam alert webpage

News

Confusion lingers in KY after ‘bizarre day’ even as Trump administration nixes funding freeze memo

Asbury University

Asbury Baseball Coach and team members visit Rotary Club