The Kentucky Infrastructure Authority has confirmed that through action taken last week, a request from Albany Mayor Lyle Pierce for financing to upgrade the Albany Water Treatment Plant has been approved.

According to a press release from Pierce’s office on Monday morning, the City of Albany is set to receive $2,680,000 for the much needed upgrade.

“The long awaited funds are badly needed so that improvements to the treatment facility, which provides drinking water to all of Albany and Clinton County, can be accomplished,” Pierce said in Monday’s release.

Work on the improvements to the water plant is expected to begin later this year and be completed sometime in 2022.

It was also pointed out that $680,000 will be in the form of a forgivable amount, or a grant, while the remaining $2 million balance will be a 30 year loan at one-quarter percent interest.

Pierce also said that planned water system improvements for the Duvall Valley area were moving forward along with the development of obtaining funds to install water and sewer lines along the Albany Bypass.

Pierce expressed his gratitude to Kentucky State Representative Josh Branscum as one of the many individuals who assisted in getting these funds secured.