Garden City awarded $3.1M Georgia Fund loan
GARDEN CITY, GA (WTOC)- Garden City has been
awarded a Georgia Fund loan of more than $3.14 million from the Georgia Environmental
Finance Authority.
The city will also refinance
existing loans with a lower interest rate. Under the plan, the city will pay a
1.40 percent interest rate on the new 20-year GEFA loan for $3 million.
The GEFA loan will be used
to finance new water and sewer related capital projects that Garden city will initiate
this year. The projects include,
according to the city:














































