It took some work to figure out financial details, but four new CNG-powered garbage trucks are on order for the city of Portage.
A major federal grant funneled through the Northwestern Indiana Regional Planning Commission will pay 80% of the cost. Or would have paid 80% had the price not gone up $18,000 while Streets and Sanitation Superintendent Randy Reeder was trying to arrange financial details. “As we delay on this, costs are going to keep going up,” he warned. Now, though, the trucks are ordered and the price is locked in.
“This is a loan that has two payment plans built into it,” Whitten said. The commission would be repaid about 80%, the federal share, within 30 days when the grant money is received. The city’s portion, about 20%, would be repaid over an unspecified length of time. Details of the loan would be worked out later if the city decides to go that route. “We’re not paying the cash tomorrow.
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