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Lisbon to receive water tank loan

LISBON — The Village is receiving $260,910 at a rate of 2.41 percent for five years for the design of a 500,000 gallon elevated water storage tank, new booster pump station, and new water lines to improve pressure in the northern area of the village, eliminate dead ends and extend service along Lisbon Canfield Road.

The Ohio Water Development Authority (OWDA) awarded $9.18 million through low interest loans to Ohio communities to improve wastewater and drinking water infrastructure and make water quality improvements for Ohioans. For the month of April, the OWDA funded eight projects that will provide improvements and replace aging infrastructure. The awarded projects received an interest rate ranging from 1.81 percent to 2.41 percent.

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