LIMA — The City of Lima has received a loan from the state government to help finance stormwater infrastructure improvements completed last summer.
The low-interest loan, received through the Ohio Water Development Authority’s Fresh Water Loan Program, will help offset the cost of the Melrose Stormwater improvement project that finished construction last fall. According to a press release from the OWDA, the loan totals $1,003,500 and will be repaid at an interest rate of 2.74% over the next 20 years.
The Melrose project began in 2018 with the goal of reducing strain on the outdated combined sewer system in the Northwold addition in Lima. The city’s stormwater manager, Jim Morrissey, said the addition of a dedicated stormwater detention basin in the neighborhood helped reduce runoff during storms and decrease flooding into Pike Run. Morrissey added that separating the storm runoff from the sanitary sewer was also aimed at reducing frequent basement flooding in the neighborhood during heavy rains.
Construction for the improvements began in 2019 and included the installation of a 100,000-gallon stormwater detention basin near the intersection of West O’Connor Avenue and Melrose Street, as well as roughly 9,000 feet of separated storm sewer line in the surrounding area. Seventy storm structures were also installed, and 55 trees were planted to help mitigate stormwater runoff. The third and final phase of the project was finished in August 2021.
The $1 million loan will help finance the construction of the project that was completed for more than $1.4 million. By spreading out payment over the next 20 years, room in the budget will be freed up for the completion of annual capital improvement projects in the city.