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Community Receives $6,574,108 in Water Bank Loans. Estimated Savings to ratepayers of $1,525,818.
Aberdeen Township recently completed Sanitary Sewer and Pump Station Upgrades that are being funded with approximately $6.6 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Total savings for this project are estimated to be $1.5 million over the 20-year term of the loan or 23% of the total project cost. In addition, this project created an estimated 78 direct construction jobs.
The Woodfield neighborhood within Aberdeen Township is the one full neighborhood that is lacking sewer service. Woodfield area resident utilize individual septic systems, systems that are old and have been failing in recent years. The failure of these systems has affected home values, resulted in costly repairs, and become a substantial health concern to the residents impacting their quality of life. In addition, the inadequate and impaired percolation of the septic discharge is negatively impacting stormwater quality.
The project includes the replacement of the septic systems in the Woodfield neighborhood with a new sanitary sewage collection system. Components of the project include gravity sanitary sewers, domestic sewer laterals, a pump station, and a force main. In addition, the project will include upgrades to the storm water system in the neighborhood.
According to Aberdeen’s Mayor Fred Tagliarini, “We are committed to investing in our utility infrastructure. The elimination of these failing septic systems will benefit 81 residents within the Woodfield area of our Township. This project, financed through the NJ Water Bank, is a significant example of our dedication to improve health conditions for our community, improve the groundwater quality and overall quality of life, and minimize the cost to our residents in doing such.”
This project was designed by CME Associates and Constructed by Lucas Construction Group, Inc.
Pictures courtesy of CME Associates