Kankakee Valley Post, Volume 19, Number 31, DeMotte, Jasper County, 1 July 1949 — Jasper County REMC Receives $265,000 Loan [ARTICLE]

Jasper County REMC Receives $265,000 Loan

Brings Total Loan To County To $950,000; Added Lines To Service 90 Homes, Rural Projects Announcement was made today through Senator Homer E. Capehart that the Rural Electrification Administration has made an additional loan of $265,000 to the Jasper County REMC for improvements and extension of service in this and immediate territory of two bordering counties, Starke and Benton. The loan just consummated increases the total loan to Jasper county since such loans began to $950,000. Commenting on the new loan. Cecil Sutton, manager of the Rensselaer REMC offices, said the sum is for the reconversion of the present system and to provide two additional sources of power, one at. San Pierre in Starke county and another at Remington, extending south from Remington into Benton county. These new units will divide the county into three, .loading districts, assuring adequate voltage and efficient service at all times. Mr. Sutton said the loan provides for the building of forty miles of line- for consumer extension .service for approximately 90 homes. The reconversion work includes 35 miles of 3-phase feeders, and a planned 3-phase service to the William Gehring muck farms. This is necessary for Mr. Gehring because he is planning to install C’-ld storage for potatoes and artificial drying for onions aTrd small grains, such as corn and wheat. It will also permit the installation of electric irrigation an 1 drainage pumps by Mr. Gehring. Mr. Sutton stated that prior to ike latest loan Jasper county received,"loans totalling $685,000,, 1 of which amount thirty percent has been retired. Payments are .ma 1 ■ from consumer receipts. S : h loans ifiust be retired within thirty-five years.