The process to start construction on Mt. Carmel’s new water continues to inch forward and there was some recent good news, bad news associated with the project. Water commissioner Justin Dulgar said the good news is the city has qualified for a lower interest rate on the $12 million EPA loan, going from 1.2% to point 83%, a savings of nearly $400,000. But that savings has been immediately eaten up in costly price increases on filters needed for the new plant. Dulgar said the filters price spiked costing the city around $400,000 more.