More results found.
No results match your search term, but we're constantly adding new issuers to the BondLink platform. Looking to learn more?

NJ I-Bank Project of the Week: Western Monmouth Utilities Authority Route 79 Pump Station Rehab. Authority receives $6,214,230 in Water Bank loans saving ratepayers approximately $857,889.
The Western Monmouth Utilities Authority (”WMUA”) recently completed clean water improvements that are being funded with approximately $6.2 million in loans from the NJ Water Bank, a low-interest rate financing program jointly administered by the DEP and the NJ I-Bank. Total savings for this project is estimated to be $857,889 over the 15-year term of the loan or 14% of the total project cost. In addition, this project created an estimated 74 direct construction jobs.
The project reconstructed the Pump Station and replaced its force main discharge piping located along Route 79. This infrastructure was originally constructed in 1968 and expanded in 1980. The buried steel cans and equipment are over 30-years old and at risk of failure. Given the facility’s proximity to Big Brook stream, rehabilitating this infrastructure was critical to protect the environment from a potentially polluting discharge. In addition to demolishing pump station facilities, a new controls building was constructed and new wet well with submersible pumps, electrical equipment, valve chamber and an emergency generator were installed. The 8-inch force main was replaced with a larger capacity 12-inch force main along Route 79 from the pump station to its existing discharge location.
Jonathan Hornik, Mayor of Marlboro Township, one of the Authority’s major customers, observed, “This project improves efficiency for the WMUA and benefits the environment. Strategic borrowing from the NJ Water Bank saves our ratepayers over time, resulting in a win-win for everyone.”
This project was designed by T&M Associates and constructed by Carbro Constructors Corp.
Pictures courtesy of WMUA
Published 8/1/2022
Have questions? Reach out to us directly.
Contact UsSearch for Issuers by state, issuer name, or CUSIP.
More results found.
No results match your search term, but we're constantly adding new issuers to the BondLink platform. Looking to learn more?
UNDER NO CIRCUMSTANCES SHALL THE INFORMATION ON THE SITE CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION. OFFERS TO PURCHASE SECURITIES MAY BE MADE ONLY THROUGH A REGISTERED BROKER-DEALER AND THROUGH AN OFFICIAL STATEMENT.
BondLink has not prepared or developed any of the Content on the Site and the Content available on the Site with respect to any issuer is not maintained by or under the control of BondLink. The content on this Site with respect to any issuer was specifically authorized by that issuer to be communicated through this Site. BondLink has not reviewed such information in any respect and has not checked such information for accuracy, and in some cases, the information provided may not have been viewed by BondLink. The Content contained on the Site has been provided by the applicable issuer and is included for general informational purposes only and is provided without warranty of any kind and, in particular, no representation or warranty, express or implied, is made or is to be inferred as to the accuracy, reliability, timeliness or completeness of any such information. The Content presented on the Site speaks only as of the date the Content was prepared by the issuer or other third party and has not been updated since that date and as a result, may not address all factors which may be material to an investor and may contain omissions of fact or statements that are not accurate because of the passage of time or changes in facts or circumstance subsequent to the date of such Content. Consequently, no person should make any investment decision in reliance upon the Content contained on the Site. See “Terms” for the full terms of use of this website including your release of any and all claims against BondLink for use of this website.