PUBLIC NOTICE – Radio Read Water Meters

The City of Carmi is notifying the general public that they have received funding for the installation of approximately 2,329 radio read water meters and a radio read system. Funding for the project has been made possible in part by the Illinois Environmental Protection Agency’s Public Water Supply State Revolving Loan Fund, which receives a portion of its money from the U.S. Environmental Protection Agency. The $1,591,028.30 loan has an interest rate of 1.00% and will be repaid over 20 years. $1,129,630.09 of the loan amount will be forgiven by the State of Illinois pursuant to principal forgiveness provisions contained in the Loan Rules. The project will consist of removing old water meters and installing a new radio read water meter along with radio read equipment and a radio read software system.