HARRISBURG — Sen. Michele Brooks (R-50) today announced Sharpsville Borough will receive a $3.8 million Pennsylvania Infrastructure Investment Authority (PENNVEST) Drinking Water Project low-interest loan to improve its aging public water system.
“I appreciate the opportunity to work with Sharpsville to assist with this funding. This low-interest loan of 1% will enable this project to be completed, while saving residents and businesses the added cost of much higher interest rates,” said Brooks. “Replacing aging waterlines and rehabilitating the borough’s water storage tanks will help reduce leaks, address water pressure issues and ensure residents continue to have access to reliable, quality drinking water.”
The project includes replacing about 5,500 feet of water mains that are more than 50 years old, rehabilitating two water storage tanks with a combined capacity of 1.3 million gallons, and updating related infrastructure such as fire hydrants and service connections. The tank renovations are necessary due to deficiencies identified by inspectors. Waterline replacements along several local streets will reduce leaks, prevent chlorinated water discharge and eliminate low‑pressure areas.
PENNVEST is an independent state agency that provides financial assistance for sewer, storm water and drinking water projects in communities across the commonwealth. Its financing is provided using federal funding and prior bond issues by the state as well as proceeds from the Marcellus Shale Impact Fee legislation, Act 13 of 2012.