You may have noticed some construction activity around our City! We are currently constructing a new water treatment plant along with the required wells, transmission mains, and elevated storage tank to complete the project. This project will allow Waterloo to continue to provide safe drinking water to our growing community for decades to come. Funding for this project was provided by a low interest loan from the Illinois Environmental Protection Agency’s Drinking Water State Revolving Fund (SRF). The SRF is funded by both state and federal sources. The $33,929,910 loan has an interest rate of 0.93% and will be repaid over 30 years.