Community receives $889,164 in Water Bank loans. Estimated savings to ratepayers of $182,062.

NJ I-Bank and NJDEP Helping to Improve New Jersey's Environmental Infrastructure, One Project at a Time

Gloucester City recently completed CSO Sewer improvements that are being funded with approximately $889,164 in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Total savings for this project are estimated to be $182,062 over the 20-year term of the loan or 20% of the total project cost. In addition, this project created an estimated 10 direct construction jobs.  

The original combined sewer mains  were over 100-years old and had numerous collapsed sections in residential areas. The project addressed  some of the more deteriorated mains. The City removed approximately 1,600 linear feet of a deteriorated 15-inch diameter brick gravity combined sewer main on Brown and Paul Streets and replaced it with a similar diameter gravity PVC combined sewer main and associated appurtenances.  

Daniel Spencer, Mayor of Gloucester City emphasized the importance of the project: "This project is an example of our commitment to maintaining our infrastructure. By utilizing the Water Bank, we achieved a cost-effective approach to improve water quality and public health and safety in our community." 

This project was designed by Remington & Vernick Engineers and constructed by Perna Finnegan, Inc.  

Pictures courtesy of the City of Gloucester.

For more information, contact the New Jersey Infrastructure Bank at (609) 219-8600.

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