WILDWOOD CITY LOAN CLOSING

The City of Wildwood recently closed on a $1,924,000 loan with the NJ Water Bank to finance the replacement of the outdated sanitary sewer, water and storm drainage systems through the city. The proposed drinking water work includes the installation of new water main and/or services needing rehabilitation or replacement. The project includes the replacement of 6,820 linear feet of existing deteriorating 6-inch concrete and cast iron pipe water mains with new 6-inch ductile iron pipe, water mains, water services, accessory components, such as fire hydrants and all associated appurtenances.