Written by Matt Dalen
Friday, 06 November 2009 00:00
The town had been forced to take over the plant and pay for the upgrades to the sewer and water plants after a previous owner had let it fall into disrepair. The upgrade was completed earlier this year.
The financing enables the town to get a loan at the corporation’s low interest rates, and the corporation will pay half of the total interest.
Mr. Brancati said that, after previous administrations failed to obtain financing from the fund, he had successfully lobbied with State Assemblyman Adam Bradley, 89th District, to seek the money.
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