Lawrence water project has been re-financed

 

February 23, 2022



A number of residents of Lawrence may not remember 1998 for any specific reason, but that was a year of importance for the village’s residents.

The village was having trouble with providing water for the residents as the existing wells were failing to supply the necessary water. They decided to secure water from a location north of the village. It was not an easy, or inexpensive way to secure water.

At the time, the project was paid for with a bond through the federal government in the amount of $577,800. Village residents were committed to paying off the 4.5 percent loan over 40 years.

With c...



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