The Georgia Environmental Finance Authority (GEFA) has awarded the City of Clarkesville a $5 million loan to improve the city’s water system. The Drinking Water State Revolving Fund (DWSRF) loan will help finance rehabilitation of the city’s water treatment plant and construction of a booster pump station and elevated storage tank. The project will address the city’s aging infrastructure and will help the treatment plant operate more efficiently, state officials say.
Clarkesville will receive $5,088,000. The city will pay 0.73 percent interest on the 5-year loan.
“The Drinking Water State Revolving Fund assists local governments with their efforts to provide safe drinking water. In addition to the public’s health and safety, these projects are critical to a community’s ability to prosper economically,”says GEFA Executive Director Kevin Clark. “I’d like to express appreciation to Gov. Deal, U.S. Sen. Johnny Isakson, U.S. Sen. David Perdue, U.S. Rep. Doug Collins, state Sen. John Wilkinson, and state Rep. Terry Rogers for their support. The state’s commitment to helping cities and counties finance infrastructure development is a main contributor to GEFA’s success.”
The DWSRF is a federal loan program administered by GEFA. It provides communities throughout Georgia with low-interest loans to fund water infrastructure projects aimed at delivering safe, affordable drinking water.
