Friday, September 4, 2009

ECO:LOGIC Secures $16 Million in Stimulus Funds for CA Wastewater Treatment Plant

ROCKLIN, Calif.--(BUSINESS WIRE)--The infrastructure funding experts at ECO:LOGIC Engineering (www.ecologic-eng.com) secured a critical funding package from the American Reinvestment and Recovery Act of 2009 for the City of Live Oak in California. The stimulus funding agreement, which includes a $10 million grant—the maximum amount possible—and a $6 million low-interest loan, will offset the cost to build a new wastewater treatment facility for Live Oak (www.liveoakcity.org).

In the last 2 years, ECO:LOGIC has secured $28 million in grants and $71 million in low-interest loans for small disadvantaged communities in California including Live Oak, which is the fourth biggest stimulus project in the Sacramento region. Other awards include $10.5 million for the San Andreas Sanitary District’s new wastewater treatment plant and a $2 million grant plus a $32.98 million low-interest loan for the Merced wastewater treatment plant.

Read the rest of the press release at BusinessWire

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