The city of Danielsville was officially approved for a $599,900 water infrastructure loan March 18.
The loan, financed by GEFA (Georgia Environmental Finance Authority), will provide funds for relocating and refurbishing a 100,000-gallon elevated water storage tank from Franklin County to Danielsville, according to a press release.
The city will pay 2.40 percent on the 20-year loan.
The water tower will be located at a site behind the high school.
“This will have a huge impact, not only on the city of Danielsville, but on incoming businesses, as it will double the water capacity for the city and open many doors for commercial and industrial growth around this water system,” Mayor Todd Higdon said. “At one time the city was at maximum capacity for growth but now we’ll be able to provide an abundance of water not only for our citizens, the school board, county courthouse and others — we’ll have water for new growth.”
[Full Story »]