(,*+7+HSSQHU*D]HWWH7LPHV+HSSQHU2UHJRQWednesday, March 20, 2024
POM’s plan to remove nitrates
-Continued from PAGE ONE
177 N. Main
P.O. Box 337
Heppner, OR 97836
Chris@sykesrealestate.net
177 N. Main
P.O. Box 337
Heppner, OR 97836
Chris@sykesrealestate.net
$185,000
$395,000
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Sold
New Listing!
Embrace the charm of Heppner, with this beautifully
remodeled 1024 sqft home, complete with a detached
garage. Situated in an idyllic location, this property is
a stone’s throw away from the local park and hos-
pital, and a leisurely stroll from the downtown area.
Experience the best of both worlds: modern comfort
in a peaceful, scenic setting. Plus, with Willow Creek
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away. This home also comes with all appliances,
ensuring a seamless move-in process. The bathroom,
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have all been tastefully updated and modernized. New
landscaping. In addition to serving as the perfect fam-
ily home, this property also has great potential as an
investment. MLS#:24256145 365 Gilmore, Heppner
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Discover peace and seclusion on this expansive
forty-acre parcel boasting a fully functional two-bed-
room, one-bathroom cabin. Embrace the breathtaking
views of the mountains from the upper level’s reverse
living 640 square foot great room. In the summer,
explore the property’s ATV trails, while in the winter,
delight in t snowmobiling or sledding with access to
thousands of acres of National Forest Land located at
the property’s corner. LOP tags may be available for
hunting enthusiasts, or simply relish in the opportu-
nity to observe the abundant wildlife that frequently
visits the property, including elk, deer, bear, and
turkey. Enjoy the convenience of a private well with
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electricity, and internet access, ensuring utmost com-
fort and connectivity.
80439 Black Mountain Ln Heppner
MLS#:23425595
Put the Brothers
to work for you
• Office and Business Printing
• Signs, Banners, and much more
Chris Sykes
Andrew Sykes
Current anaerobic digester at the port.
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POM is currently in the
process of seeking funding
for a project. They are at the
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stage, which can take up
to 3 months to complete.
To finance their project,
POM is looking to utilize
the Water Infrastructure
Finance and Innovation
Act (WIFIA). This federal
loan program, managed by
the EPA, is designed to ex-
pedite investment in water
and wastewater infrastruc-
ture nationwide. Through
WIFIA, creditworthy proj-
ects of both national and
regional importance can
receive long-term, low-cost
credit assistance. Over the
course of its existence, WI-
FIA has successfully closed
120 loans, providing a total
of $19 billion in credit as-
sistance. These loans have
varied in size, ranging from
as small as $15 million to as
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certain cases, WIFIA may
cover up to 80% of eligible
project costs, benefiting
small communities in par-
ticular. The entire appli-
cation process for WIFIA
typically takes over a year
and a half to complete.
Opting for a WIFIA
loan provides several bene-
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rate based on the U.S. Trea-
sury rate. All borrowers
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sury rate and can receive
multiple disbursements
over several years at the
same fixed interest rate.
The repayment period is
extended to 35 years after
substantial completion, re-
sulting in a smaller interest
rate. Furthermore, pay-
ments can be deferred for
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completion.
In terms of financial
projections, the estimated
debt service savings com-
pared to the open market for
the project is substantial.
The loan request amounts
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cludes capitalized interest.
The net savings are esti-
mated to be $191 million,
with an annual savings of
$5.3 million. The original
project loan amount was
$432.5 million, while the
new project loan amount is
$406 million.
Print & Mailing Services
*Design *Print
Sykes Publishing
*Mail
Vinyl Banners
High-Quality Custom
Vinyl Banners
Signs made: All sizes and Colors
Graphic Design Services Available
541-676-9228
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1ൾඐඌඈඋ3අൺർൾ$ඇ$ൽ
Customer Service at Sykes Brothers Printing
24x24 in
•Submit news
•Submit birth, engagement and
wedding announcements
•Send us photos
•Submit letters to the editor
•Place ads
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541-676-9228
541-276-2152
chris@rapidserve.net
Text and cell: 541-215-2274
Weekly deadline for all news and
advertising is Monday at 5pm.
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16x16 in
Order your family
canvas prints
today!
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Custom Canvas Print - Make Great Gifts!
Two locations to serve you:
177 N. Main St Heppner
25 SW Emigrant Pendleton
Call the Brothers &
Discuss Your Next Project