Council approves $12m loan for Humboldt Wastewater Treatment Facility
Humboldt City Council has approved a construction loan of $12 million from RBC Royal Bank for a key infrastructure project.
The City is building a new Wastewater Treatment Facility and upgrading a pair of lift stations.
Director of Public Works and Utilities Peter Bergquist told northeastNOW the entire project will cost $40 million.
“The $12 million is the difference that we have to pay for once we consider the Investing in Canada Infrastructure (ICIP) grant that we received,” Bergquist explained.