LDWA continues to pay down the principal of the "Project Upgrade" DDW/DEQ #3F138 Loan
WITHOUT charging additional fees or increasing rates to Shareholders.
As of Dec 31, 2016, we have paid $391,000 off the original principal amount of $1,104,000.00,
with a balance of $713,000.00 now due.
To-date, we have reduced re-payment of the loan by 9 years,
even if no additional payments are made toward the principal.
With an additional $25,000.00 paid annually on the principal, the loan will be paid off by 2025.
LEEDS DOMESTIC WATER USERS ASSOCIATION
a Non Profit Shareholder-Owned Private Corporation
Providing Culinary Water Service