A process that began in September of last year has finally paid off for the City of Elberton.
A loan application to the Georgia Environmental Finance Authority for funding in regards to the city’s proposed water improvement projects was finally approved.
It is a 2.5 million dollar loan, with 20 percent principal forgiveness, which Elberton City Manager Lanier Dunn said is equivalent to a $500,000 grant.
Dunn explained what the first proposed improvement project the city will tackle first.
“About two-thirds of our water meters are quite old, some are multiple decades old, and they are not capable of being read by radio like our electric and gas meters are”, explained Dunn. “So our first project will be to replace those meters.”
That is not all, as Dunn also mentioned projects to improve the city’s filter plant, and to implement some water main extensions and improvements.
Before proceeding with receiving the funding, the council had to approve a resolution authorizing the execution of documents to receive that funding, which the council did with a unanimous vote.