Keeping the water flowing is the goal of an ambitious project planned this year by the Jefferson County Rural Water District #12, and that’s good news for homes and businesses alike.
More than 7,600 feet of water lines will be upgraded in an infrastructure improvement project funded by Baystone Government Finance, the municipal lending arm of KS StateBank. The much-needed project will take three months and cost $780,000, according to Denise Eggers, office manager for the water district.
The importance of a safe, reliable water system for families and commercial consumers cannot be overestimated, said Eggers and Aaron Lindsten, assistant vice president of KS StateBank. Water is a critical resource and continued maintenance of the infrastructure that delivers it is a must.
“KS StateBank and Jefferson County Rural Water District #12 share a clear purpose,” Lindsten explained. “We both pursue the commitment to provide outstanding service and dedication to our customers.”
The district has partnered with Baystone on past projects and this is yet another one that will have significant impact, Eggers said.
“(We) service patrons in both Jefferson and Leavenworth counties. The new/upgraded line is a main transmission line to supply the entire district with adequate water,” she said. “This line upgrade will ensure adequate water supply for current patrons and for future growth.”
Baystone is proud to be involved in the lease-purchase transaction for the district, according to Lindsten.
“This is very important to the community, and we’re happy to help the district help their customers,” he said.
Lindsten described Baystone as a “one-stop shop” for municipal financing with a professional team that can structure, document and fund transactions nationwide from start to finish.
“Baystone in conjunction with KS StateBank has been providing municipal financing since 1987. Our experienced staff of professionals can assist with any questions along the way,” he said. “This specific waterline infrastructure project is a first for us. We continue to work with water districts across the United States and provide financing for water trucks, water meters, water tanks and the construction equipment needed to keep their water flowing.”
