At their recent monthly meeting held on 21 Jan 26, the President and Town Commissioners of Pittsville passed and adopted RESOLUTION # 2026-01 which authorized the Town to borrow funding from the Maryland Water Infrastructure Financing Administration for the “Water Treatment Plant Upgrade/Phase IV Project.
The amount of funds to be borrowed is $918,616, of which fifty percent (50%) will be considered as a “loan forgiveness” after a ten (10) year period, thus becoming a grant to the Town. As a reminder, the total cost of the Water Treatment Upgrade/Phase IV Project is $2,719,016 of which 83% is/will be grant funded!
The Water Treatment Plant Upgrade Phase IV Project is due for final completion by the end of February 2026 if not sooner!