"There are other programs that we're applying to," said Fletcher, "but the stimulus is what we're really focused on right now."
Fletcher said it was possible the amount for each EDU could be somewhat greater if town is unable to obtain enough grants to reach their goal. Collecting enough funding to reduce the cost to below $362 would be unlikely, though.
That unit cost would be applied proportionally to large businesses and institutions in the sewer district, based on the average amount of water they consume.
Straut said about two thirds of the annual cost would be needed to pay for maintenance and operation of the sewage treatment plant. The other third would be used to repay the $2 million loan over a 30-year period.
Merrihew said the town had used its initial funding to position itself well, making the sewer system available as a shovel-ready project.
"If we were still at the planning stages, we would not be in consideration," he said.