Interest rate improves on wastewater plant project Josh Mitchell Aug 6, 2020 Aug 6, 2020 Facebook Twitter WhatsApp LinkedIn SMS Email Facebook Twitter WhatsApp LinkedIn SMS Email Print Copy article link Save The interest rate on a loan for the new wastewater treatment plant will be lower than originally expected.New Albany Light, Gas and Water General Manager Bill Mattox said the interest rate will now be 1.5 percent on the $9.3 million 35-year USDA loan. × This page requires Javascript. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. kAm“(6 8@E D@>6 AC6EEJ 8@@5 ?6HD =2DE H66< @? E92E[” |2EE@I E@=5 E96 }6H p=32?J |2J@C 2?5 q@2C5 @7 p=56C>6? @? pF8] c]k^AmkAm~C:8:?2==J[ E96 :?E6C6DE C2E6 H2D 6IA64E65 E@ 36 b]` A6C46?E]k^AmkAmx? 255:E:@? E@ E96 =@2?[ E96 2AAC@I:>2E6=J S`d >:==:@? A=2?E :D 2=D@ 36:?8 A2:5 7@C H:E9 2 Se >:==:@? 8C2?E 7C@> &$sp]k^AmkAm%96 =@2? H:== 36 C6A2:5 H:E9 D6H6C C2E6D]k^AmkAm%96 ?6H A=2?E H:== 36 =@42E65 ?@CE9 @7 E@H? :? 2 CFC2= 2C62 @? E96 H6DE D:56 @7 $E2E6 w:89H2J `d]k^AmkAm!92D6 ` @7 E96 H2DE6H2E6C EC62E>6?E A=2?E AC@;64E :D ?62C=J 4@>A=6E6 2?5 92D :?G@=G65 :?DE2==:?8 2 AC6DDFC6 =:?6 7C@> E96 6I:DE:?8 A=2?E E@ E96 ?6H D:E6] p AF>A DE2E:@? H2D 2=D@ 3F:=E 2E E96 6I:DE:?8 D6H6C A=2?E D:E6 2D A2CE @7 !92D6 `] $6H286 H:== DE:== 36 4@==64E65 2E E96 6I:DE:?8 A=2?E D:E6 2?5 AF>A65 E9C@F89 E96 AC6DDFC6 =:?6 E@ E96 ?6H A=2?E]k^AmkAm%96 ?6H A=2?E H:== 36 :? 2 >@C6 DF:E23=6 =@42E:@? E92? E96 4FCC6?E @?6[ D2:5 |2EE@I] %96 4FCC6?E H2DE6H2E6C EC62E>6?E A=2?E :D ?62C E96 E6??:D 2?5 D@446C 4@>A=6I 2?5 :? AC@I:>:EJ E@ C6D:56?E:2= 2?5 4@>>6C4:2= 56G6=@A>6?E] ~G6C E96 J62CD[ E96 4:EJ 92D 3F:=E FA 2C@F?5 E96 D6H6C A=2?E[ |2EE@I ?@E65]k^AmkAm%96 4FCC6?E D6H6C A=2?E :D 23@FE ad J62CD @=5[ H9:49 :D E96 =6?8E9 @7 E:>6 E96 724:=:EJ H2D 56D:8?65 E@ =2DE[ 96 D2:5] p3@FE b_ 24C6D @7 =2?5 H96C6 E96 D6H6C A=2?E :D 4FCC6?E=J =@42E65 42? 36 7C665 FA 7@C @E96C FD6D @?46 E96 ?6H A=2?E :D 3F:=E] |@DE @7 E96 D6H6C =28@@?D 2E E96 4FCC6?E A=2?E H:== 36 4=@D65[ 3FE @?6 H:== C6>2:? :? A=246 7@C 6>6C86?4J DE@C286]k^AmkAmpAAC@I:>2E6=J h_ 24C6D H6C6 AFC492D65 7@C E96 ?6H A=2?E[ 3FE E96 A=2?E :ED6=7 H:== @?=J E2<6 FA 23@FE b_ 24C6D] %96 C6DE @7 E96 =2?5 H:== 36 FD65 2D 2 4FD9:@? 2C62 2C@F?5 E96 A=2?E 2?5 7@C A@DD:3=6 7FEFC6 A=2?E 6IA2?D:@?]k^AmkAmzpypr$ r@?EC24E@CD @7 !@A=2C q=F77[ |@] :D 4@?DECF4E:?8 E96 ?6H H2DE6H2E6C EC62E>6?E A=2?E] (@C< @? E96 A=2?E DE2CE65 2C@F?5 E96 7:CDE @7 pAC:=]k^AmkAm%96 H2DE6H2E6C EC62E>6?E A=2?E AC@;64E :D 6IA64E65 E@ 36 5@?6 3J ?6IE DF>>6C]k^AmkAm%96 8C2G:EJ D6H6C =:?6 E92E 42? 36 D66? :? E96 %2==292E49:6 #:G6C 7C@> (6DE q2?<9625 $EC66E H:== 2=D@ 36 C6>@G65] %9:D H:== :>AC@G6 E96 26DE96E:4D @7 E96 C:G6C 2?5 >2<6 E96 D6H6C DJDE6> H@C< >@C6 677:4:6?E=J]k^Am Newsletters Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. News Alerts & Top Stories The latest breaking news, plus our top stories each week. The Daily Our top headlines each morning, seven days a week, as well as each weekday afternoon. The Sports Insider Get our top sports stories of the week each Sunday morning. You must select at least one email list. Please enter a valid email address. Sign up Manage your lists Facebook Twitter WhatsApp LinkedIn SMS Email Print Copy article link Save Tags Plant Interest Rate Economics Industry Finance Agriculture Commerce Loan Sewage Bill Mattox Project Plant Site Recommended for you Weather Currently in New Albany 68°F Clear 82°F / 57°F 8 PM 69°F 9 PM 65°F 10 PM 62°F 11 PM 61°F 12 AM 60°F Trending Now Henderson Building renovation aims to provide complete destination attraction Prince pitches Falcons to series-clinching win Hawks prevail in extra innings over Smithville Bulldogs win again in Class 4A state tennis championship Bulldogs move forward in 4A tennis with third round win Latest e-Edition New Albany Gazette New Albany Gazette Newsletters Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. The Daily Our top headlines each morning, seven days a week, as well as each weekday afternoon. News Alerts & Top Stories The latest breaking news, plus our top stories each week. The Sports Insider Get our top sports stories of the week each Sunday morning. Daily Journal E-Edition Delivery Subscribers can view our e-editions each morning with just a click. New Albany Gazette E-Edition Delivery Are you a New Albany Gazette subscriber? Sign up to view our weekly e-editions each Wednesday with just a click. You must select at least one email list. Please enter a valid email address. Sign up Manage Lists