TM Rural Water District Awarded Funding for $8,448,000.00 Improvement Project
May 04, 2022
The South Dakota Board of Water & Natural Resources has approved a $5,913,600.00 Drinking Water State Revolving Fund Loan and a $2,534,400.00 American Rescue Plan Act Grant to TM Rural Water District. The Term of the Drinking Water Loan is 1.625% for 30 years.
This funding package will allow the District to make both Source Water and Distribution improvements. Over the next three years TM plans to add a new well site and install larger diameter pipe in strategic locations throughout the District in order to relieve bottlenecks in the system thereby increasing the quantity and in some areas the pressure of water available to customers.