$67M in loans sought for Queen Creek water credits, Encanterra agreement

by Richard Dyer | Queen Creek Independent

queen creekThe Town of Queen Creek has applied for a $57 million drinking water state revolving fund loan and is seeking an additional $10 million from the clean water state revolving fund.

One loan is to save individual Queen Creek water customers $170 to $215 in Central Arizona Groundwater Replenishment District related water replenishment costs, a town official said.

Resolutions authorizing the applications to the Water Infrastructure Finance Authority of Arizona were recently approved by the Queen Creek Town Council. The applications are to be considered at WIFA’s Feb. 19 board meeting.

Continued: