Income survey key to project

The surveys are part of a loan application to the state Environmental Facilities Cooperation for a no-interest loan to be used for improvements in sewer district # 5, the former village. The town currently has an interest-bearing loan for $1.4 million to do the work. If it qualifies for the no-interest loan, it can get $1.8 million without increasing debt in the district. You get more money for your buck at 0 percent, Dedrick said. Its a no-brainer. Im convinced that if people turn these (surveys) in well qualify for the no-interest loan. Residents in the district will be receiving a letter and the survey in the mail soon with a self-addressed, stamped envelop for return of the survey. Dedrick stressed the income survey is completely confidential. Responses are to be mailed directly to a Massachusetts firm that will process and compile the results. At least 80 percent of the surveys must to completed and returned for Ti to be eligible for the no-interest loan. The five-question survey asks: type of dwelling; whether a person owns or rents; the number of people in a household; the number age 62 or older; and total household income. The survey does not ask for names or addresses to protect confidentially. Sewer district # 5 is Ticonderogas oldest system and needs substantial repairs. Dedrick is unsure exactly how old some of the infrastructure is, but noted a recent repair project uncovered a wooden sewer line. It needs a lot of work and its possible to do it without increasing the districts debt, Dedrick said, but we need cooperation to get the no-interest loan.

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