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The Borough of Lavallette recently completed rehabilitation of a 500,000-gallon water storage tank with approximately $1.2 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJIB. Including interest cost savings, total savings for this project are estimated to be $797,393, over the 20-year term of the loan or 69% of the total project cost. In addition, this project created an estimated 13 direct construction jobs.
The storage tank was last painted approximately 23 years ago and its protective coating had reached its anticipated life expectancy. The project included sandblasting the existing protective coatings after which the fluted column and steel elevated tank were repainted inside and out.
"Our commitment to clean water and reliable service requires that we make critical infrastructure improvements," said Walter LaCicero, Mayor of Lavallette Borough. "In addition to enhancing the integrity of our service, this upgrade contributes to the overall quality of our drinking water and the economic vitality of the Borough by passing the savings from the financing program onto our ratepayers."
This project was engineered by Mumford-Bjorkman, Inc. , constructed by O'Donnell, Stanton & Associates, Inc. , and painted by Brave Industrial Paint, LLC.
Picture courtesy of O'Donnell, Stanton & Associates, Inc.