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Coon Ridge water project receives state funding

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By Christopher Brooke, Reporter

CLICK LINK AT BOTTOM OF STORY TO DOWNLOAD A LARGE MAP OF THE PROJECT AREA

HILLSVILLE — It’s called the Coon Ridge water project, but the 74,300 feet of water lines will run from Airport Road to Little Vine Road in the north and almost to the Hillsville town limits in the south on U.S. 52.
The Carroll Public Service Authority held a special meeting at Dalton Hill Christian Church earlier this month to announce funds coming from Rural Development to support the project.
The funding breakdown for the $3.28 million project is a loan of approximately $2.23 million from Rural Development and a $900,000 grant.
County officials stress that the loan has a 2 percent interest rate over a term of 40 years, which they described as “the lowest long-term borrowing rate that the PSA has ever obtained.”
Debt repayment for the $2.23 million loan amounts to $6,993 a month.
An additional $150,000 in funding is needed, and will come from connection fees from new users, according to information from Rural Development.
Construction is expected to begin in early 2013 and be completed by the end of next year.
In a letter to its 250 potential customers along the planned route of the water line, the authority encouraged people to sign user agreements for the project. “The PSA will be accepting user agreements from the project area residents from now until just prior to completion of construction,” the letter says. “If you sign a user agreement now, there will be no connection fee.
“Those who wait to sign up after construction is completed are subject to a connection fee of $1,250.”
Those who do not connect at all and are within 200 feet of the water line will be subject to a non-user fee, a minimum monthly charge of $24, according to PSA staff.
The Coon Ridge project will connect to regional water at Airport Road and also tie into the system on Little Vine Road and U.S. 52.
A project map shows that the Coon Ridge project will also, as proposed, supply water to Water Plant Road, Goodspur Road, Wildcat Road, Whispering Pines, Brandy Lane, Greenview Lane, Troutbranch Road, Hazelnut Road, Oakleaf, Old Coon Ridge, Hanging Tree, Lovell Road and areas of U.S. 52.
It took years of work to make this project a reality, PSA Chairman Tom Littrell noted. But due to the problematic nature of well water there, people saw the benefit of getting public water.
“It was a project that so many people desperately wanted for years,” he told The Gazette.
Authority members feel happy that the county could obtain funds to let the project go forward to help the people in that area.
“The vast majority seems anxious to get that as soon as they could,” Littrell said.

CLICK BELOW FOR MAP:

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Coon Ridge Water Project map.jpg6.35 MB