Longboat Key is making moves in preparation to begin work on its subaqueous wastewater pipe replacement.
The latest step taken by the town was for the Town Commission to pass a resolution authorizing town staff to apply for a State Revolving Fund loan.
According to a memo from Town Manager Howard Tipton, the application is for $19,166,503. Half of that amount is in the form of a “principal forgiveness” loan, and the other half a 0% interest loan. The project is expected to cost about $30 million total…