From the Delta County Independent (Hank Lohmeyer):
The West Main water line work is estimated at $4.4 million. If a $2 million low-interest government loan becomes available as hoped, work will commence with a $750,000 expenditure from the town water fund. The budget document foresees spending $1 million of the hoped-for loan next year on the project in 2010 with the rest carried over to 2011.
Repayment of the 30-year, one-percent-interest loan is estimated at $78,000 per year. That money will come from the $5-per-month capital construction fee now included on all Orchard City water bills. That fee raises an estimated $130,000 per year. It is hoped that other money to pay for the West Main project will come from future tap sales.
More infrastructure coverage here.