The City of Pembroke in Bryan County has received a loan from the state to assist with fixing the city’s existing wastewater treatment facility.
The loan award was announced Tuesday along with a number of other local governments approved by the Georgia Environmental Finance Authority.
Pembroke’s loan is from the Georgia Fund, a state-funded loan program for water, wastewater, and solid waste infrastructure. Georgia Fund projects include water and sewer lines, treatment plants, pumping stations, wells, water storage tanks, and water meters, as well as new subtitle D landfills, landfill expansions/closures, and landfill methane gas collection systems.
According to GEFA:
The $15,041,200 Georgia Fund loan will finance expanding the capacity of the city’s existing wastewater treatment facility. The city is currently under a consent order for inflow and infiltration violations. The city needs sewer improvements to avoid violations related to flow permits and land application system irrigation. This project will provide more capacity for the growing customer base and improve water quality. The city will pay 3.59% interest on the 30-year loan. The loan qualifies for a reduced interest rate due to GEFA’s affordability criteria and a portion of the project being a conservation activity. The city is eligible for principal forgiveness up to $9,000,000.
Click here to view a list of other project funding approved by GEFA this week.
