Colfax receives loan for water infrastructure

COLFAX — The City of Colfax Public Works department received a $5,105,525 loan for 20, years for water at a 1.38% interest rate.

Colfax Public Works Director Matt Hammer told City Council members in the Tuesday, Feb. 20 council meeting that the council had approved their application for a $6 million loan, which they ended up getting the $5 million instead.

Hammer told council members they also received $900,000 in grants.

“That’s going to go towards some of the booster station rehabilitation,” Hammer told the Gazette Thursday, Feb. 22, adding that a pump station pumps water to the reservoirs....