The Utah Water Resources Board has approved a $320,000 loan to Panguitch to finance replacement of 11,000 feet of outdated culinary water piping.
A new cast iron six-inch line will replace the existing two- and three-inch lines. The project will coincide with the Utah Department of Transportation's effort to restore and upgrade a section of U.S. 89 beginning in March.Panguitch will be required to repay the money to the board's cities water loan fund over the next 20 years at 5 percent interest.
In other business, the board heard feasibility reports for five projects and received applications for four other projects.
Projects receiving feasibility reports included:
- Boulder Irrigation & Water Development Co., Garfield County. The company is seeking $50,000 from the board to go with $25,000 from other sources to replace about 9,300 feet of steel pipe in a pressurized irrigation system with PVC pipe and to make repairs to the outlet and spillway structures at Spectacle Lake Dam. Repayment would be over 10 years at no interest.
- High Valley Water Co., Summit County. The company is seeking $821,000 toward a $966,000 project to upgrade a drinking water system serving a 265-lot subdivision at Silver Creek Junction, four miles north of Park City. About 125 houses have been built in the subdivision. Repayment would be over 20 years at no interest.
- Atkinson Special Service District, Summit County. The company is seeking $295,000 toward a $347,000 project to drill a new well that is expected to be about 800 feet deep. Repayment would be over 20 years at 5 percent interest.
- Park Ridge Estates Special Service District, Summit County. The company is seeking $313,000 toward a $329,000 project to improve an existing water system and construct a 400,000 gallon water tank. Repayment would be over 20 years at no interest.
- Layton is seeking $499,000 toward a $549,000 project to expand its water system to provide culinary water and fire hydrants to serve 54 west-side houses that have experienced failure of individual wells in recent years. The city plans to annex the area in the near future. Repayment would be over 15 years at 5 percent interest.
The new applications were from Spring Glen Water Co., Salt Lake County; Moroni Irrigation Co., Sanpete County; Benson Water Improvement District and Mendon City, both Cache County.