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.”
The city council has received three bids on the project and will meet Thursday, March 20, at 7 p.m. to award the bid, so construction can begin.
Higdon said they expect the water tower to be completed by the start of a new school year in August.
“The Georgia Fund is a tangible commitment by Gov. Deal and the General Assembly to assist local governments across the state with their infrastructure improvements. In addition to the public’s health and safety, these projects are critical to a community’s economic growth and prosperity,” said GEFA Executive Director Kevin Clark. “I’d like to express appreciation to Gov. Deal, state Sen. Frank Ginn, and state Rep. Tom McCall for their support. The state’s commitment to helping cities and counties finance infrastructure projects contributes greatly to improving Georgia’s water resources.”