Burlington closes $4.8 million in wastewater loans, receives state grant contract
The loans closed Aug. 5, and the city received a signed $382,486 state grant contract Sept. 9 for a treatment-facility replacement targeted for construction in October or November 2026.
Burlington closed $4.8 million in wastewater loans and received a signed $382,486 state grant contract, advancing the city’s planned replacement of its aging wastewater lagoons toward construction targeted for October or November 2026.
The city closed Aug. 5 on a $4.5 million construction loan and a $300,000 design-and-engineering loan, a Burlington City Council agenda packet says. The principal on the design loan will be fully forgiven for eligible work.
The city received the signed contract for the Colorado Department of Local Affairs’ Energy and Mineral Impact Assistance Fund grant on Sept. 9. The grant was awarded through a competitive process, and expenses made before the contract was fully executed will not be eligible for reimbursement, the city report says.
The project would replace the city’s evaporative lagoon system at its current site with a mechanical wastewater-treatment facility using a sequential batch reactor. Design and engineering were 98% complete, and construction was being targeted for October or November 2026.
The packet does not identify a construction-manager-at-risk contractor. The city’s project chronology says that award was awaiting completion of 100% design; two finalists were interviewed April 15.
The packet also repeats a $13 million financing package that includes a $4.5 million direct loan, $1.5 million in principal forgiveness and an $8.5 million leveraged loan. Those listed components total $14.5 million, and the records do not explain whether some amounts overlap or whether the leveraged loan has closed.
The packet does not establish the project’s final cost. The city says costs will become clearer through the construction-manager-at-risk process and that current estimates include a 20% contingency.