SEBRING, Ohio - The Village of Sebring has received a $1.2 million loan to install new water meters throughout the village.

The village received a loan of $1,225,625 at 1.75% over 20 years for the installation of 2,200 new water meters to replace meters that have exceeded their useful life.

This loan is part of $7.2 million in financing from the Ohio Water Development Authority (OWDA) for wastewater and drinking water improvements.

It is one of five low-interest loans awarded to communities across the state.

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