Kalispell City Council to consider financing options for water infrastructure project
JACK UNDERHILL | Hagadone News Network | UPDATED 1 year, 6 months AGO
Kalispell City Hall on Thursday, March 23. (Casey Kreider/Daily Inter Lake)
KALISPELL GOVERNMENT, HOUSING AND TRANSPORTATION REPORTER Jack Underhill covers Kalispell city government, housing and transportation for the Daily Inter Lake. His reporting focuses on how local policy decisions affect residents and the rapidly growing Flathead Valley. Underhill has reported on housing challenges, infrastructure issues and regional service providers across Montana. His work also includes accountability reporting on complex community issues and public institutions. Originally from Massachusetts, Underhill graduated from the University of Massachusetts, Amherst with a degree in Journalism before joining the Inter Lake. In his free time, Underhill enjoys mountain biking around the valley, skiing up on Big Mountain or exploring Glacier National Park. IMPACT: Jack’s work helps residents understand how growth, housing and infrastructure decisions affect the future of their community. | November 17, 2024 11:00 PM
Kalispell City Council is expected to approve funding Monday for a 2.5-million-gallon replacement concrete water storage tank.
Council meets Nov. 18 at 7 p.m. in City Hall, 201 First Ave. E.
The Montana Department of Natural Resources and Conservation has offered the city loans amounting to close to $7.9 million to partially fund the project. The funding would come through the state agency’s Drinking Water State Revolving Loan Program.
If the city complies with certain conditions, half of the loaned amount will be forgiven. The other comes with a 2.5 percent annual interest rate for 30 years. To pay for the loans, Council will decide whether to authorize the issuance of two series of bonds, each amounting to $3.9 million.
The total project cost is estimated at $8.2 million, according to the city. Around $320,000 would come from Kalispell’s Water Fund
Council will also be confirming three police officers who completing their one-year probationary employment period. Officers Jay Gillhouse, Cole Gasner and Michael Stuhler will be congratulated at the meeting.
Jack Underhill can be reached at [email protected] and 758-4407.
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