Green Forest lands $12 million loan for wastewater plant

Friday, December 14, 2007

GREEN FOREST -- The Arkansas Natural Resources Commission announced Tuesday the approval of a loan of up to $12 million for wastewater improvements.

The low-interest loan will come from the Arkansas Clean Water State Revolving Loan Fund. Mark Bennett, Chief of the Water Resources Development Division, said, "The funds will be used to expand and upgrade the existing wastewater treatment plant to meet current and future growth demands and more stringent effluent limits."

Mayor Richard Deweese said the city had applied for these loan funds earlier this year. The city does not qualify for most grants available from the state, because industrial use accounts for such a high percentage of the city's water and wastewater usage. The low-interest loans are the city's best alternative, Deweese said.

The announcement from the ANRC is only one step in an ongoing process, Deweese explained. "As with any loan, we have to be able to show a way we can repay it," he said. "There is still a lot to do before we can sign the loan."?

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