The Jamestown City Council took action Wednesday evening to secure low-interest financing for recently completed repairs to the city’s water intake system.
Council approved a resolution to borrow funds from the Kentucky Infrastructure Authority to cover the work.
During the prolonged period of extreme cold this past winter, the city was left with just one of three pumps operating on its water intake barge.
Mayor Regena Hinton declared an emergency at the time in hopes of securing emergency state assistance. Repairs were initially estimated to cost 378 thousand dollars.
The Mayor’s request for emergency state assistance was denied, but the Kentucky Infrastructure Authority offered the city a loan at one percent interest to pay for the necessary repairs.
Cumberland Pipeline recently completed the project at a cost of 234 thousand dollars — 144 thousand dollars below the original estimate.
Mayor Hinton explains the action taken by the council last night.
The city has also applied for a $1.5 million dollar Community Development Block Grant to help replace its primary water intake barge on Lake Cumberland.
The barge houses the pumps used to move raw water from the lake to Jamestown’s water treatment plant, where the water is treated before being distributed to customers.