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Local

Maple Park to use $100K loan from county to pay for water mains

MAPLE PARK – Village officials have moved to claim $100,000 in economic stimulus money to upgrade a portion of Maple Park’s water delivery system.

The Maple Park Village Board voted 3-2 to approve an agreement with Kane County to secure a $100,000 low interest loan to help pay to repair and replace about 1,300 feet of what the village has called “aging water mains.”

The water mains to be replaced are located along Charles Street, Pearl Street and Virgil Street in the village. The project is estimated to cost a total of about $303,000.

Village trustee Suzanne Fahnestock said in a prepared statement that the water main replacement project is “critical to Maple Park’s future.”

She said the existing water main scheduled to be replaced, perhaps beginning as soon as spring 2011, is too small and does not provide enough water pressure to serve existing residents or any homes that might be built in Maple Park in coming years.

“The village of Maple Park has been trying to fund this improvement for years,” Fahnestock said.

The $100,000 loan is expected to come as the village’s share of more than $16 million in bonds provided to Kane County through the federal economic stimulus program to provide low interest loans to help finance infrastructure projects in Kane County.

Fahnestock said the village will also use a $100,000 Community Development Block Grant it received earlier this year to pay for another third of the project’s estimated cost.

The remaining $103,000 difference will be paid through the village’s 2010 budget for water main improvements, Fahnestock said.

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