ATLANTA - A nearly $2 million loan from the state will enable Braselton to treat wastewater from Oakwood.
The loan is one of several announced Tuesday by the Georgia Environmental Finance Authority (GEFA) to cities and counties in the state totaling $73 million. In addition to Braselton, other recipients in northeast Georgia include the cities of Bowersville, Baldwin and Clayton and Towns, Hart and Lumpkin counties.
Braselton is getting $1.8 million to use in replacing the Mulberry Interceptor sewer, a 10-inch line constructed in 1986, and extend sewer service along Georgia Highway 53 North, allowing the city to collect and treat wastewater flows from the city of Oakwood.
The project will provide sewer service to an area has with a history of septic system failures, according to GEFA. Braselton will pay 1.03 percent interest for 20 years. Braselton is eligible for a reduced interest rate since the town is designated as a WaterFirst Community by the Georgia Department of Community Affairs.
The total project cost is $3.5 million and Braselton has received $292,500 from the Appalachian Regional Commission, as well as $1.4 million in Oakwood capacity fees.
Project and loan details involving other northeast Georgia cities and counties::
Town of Bowersville
The $96,673 Georgia Fund loan will finance installing a water line along West Main Street to service new industry west of the town. The project will include installing approximately 3,700 linear feet of 6-inch PVC water line and three fire hydrants. Bowersville will pay 3.03 percent interest on the 20-year loan. The total project cost is $137,473, with Bowersville receiving $40,800 from the OneGeorgia Authority.
City of Baldwin
The $1,634,000 DWSRF loan will finance constructing a new 500,000 gallon elevated storage tank that will replace an existing 100,000 gallon ground storage tank, service and paint existing storage tanks, construct a booster pump station, and install pressure-reducing valves in the distribution system.
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State loan to enable Braselton to treat Oakwood wastewater
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