Wednesday, May 28, 2014

Pikeville receives millions for new wastewater treatment plant

Officials in Pikeville say their wastewater treatment plant is currently running at about 92 percent capacity. With many other projects on the horizon like a new shopping center and optometry school  they say expanding their service is necessary.

The city is one step closer to having the funding for the multi-million dollar project.
Pikeville is receiving millions in loan and grant money for the new plant, which officials say will allow the area to continue growing.

The new plant will serve more than 3,000 homes and businesses in Pikeville and Coal Run.

The city is receiving 10.5 million dollars from a low interest rural development loan and a 4.5 million grant.

The new plant will be located where the current plant is on Thompson Road. Officials say they will use the current footprint but will have all new equipment and a 'membrane system' that will be the first of its kind in Kentucky.

Officials say Pikeville has some of the lowest utility rates in the state and this new plant will allow that to continue.

As officials say this is economic development project with it being key to their efforts to keep moving forward and expanding.

Officials say this loan and grant money puts the city within about $5 million of the needed $22 million total for the project.