River Ridge Wastewater Project Move Forward
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After some tweaks, the River Ridge Development Authority has given final approval to a revised agreement with the city of Jeffersonville to provide $12 million for an expansion of the city’s North Wastewater Treatment Plant. The agreement allows Jeffersonville to move forward with its planned expansion of the facility, which serves the growing River Ridge Commerce Center.
Last week, the RRDA authorized two memorandums of agreement to help finance planned improvements at wastewater treatment plants in Jeffersonville and Charlestown. The city of Jeffersonville sought revisions to its agreement.
The development authority says the projects will provide significant benefits for current and future businesses located within the complex.
The current plan for expansion calls for doubling the treatment capacity at the Jeffersonville plant to approximately 6 million gallons per day. Two million gallons per day of the new capacity will be allocated for businesses within the RRCC.
“This expanded wastewater treatment capacity will allow us to further develop the section of the River Ridge Commerce Center that is within Jeffersonville,” said River Ridge Executive Director Jerry Acy. “We’ve drawn some major employers to the city in recent years, and we still have room for more, including within our 1,100-acre megasite.”
River Ridge’s funding to support the treatment plant expansion would be generated by proceeds from a planned 2022 bond issue and potential land sale revenues.
The MOA for the Charlestown project calls for the Authority to contribute $12 million to help fund a new $42 million treatment plant in Charlestown.