clear
Sunday August 2nd, 2015 10:23AM

Demorest approved for GEFA loan

By Derreck Booth Anchor/reporter
ATLANTA - The Georgia Environmental Finance Authority (GEFA) Tuesday announced financing for several projects, including one in Demorest.

Demorest was approved for a loan of $3.3 million to replace 30,500 feet of water line and install 4500 feet of new water line. It also includes replacing over 5500 old water meters with new radio meters.

The 20-year loan comes at 1.63 percent interest. This loan qualifies for a reduced interest rate because portions of the project will conserve water, according to GEFA.
© Copyright 2015 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Fiscal cliff may determine gas prices at start of 2013
Retail gas prices climb as 2012 comes to end. While gas prices are likely to rise into next year, whether or not a deal is made to avoid the fiscal cliff will determine if prices continue on an upward trend.
6:18AM ( 2 years ago )
Business News
Couch names administrative team
Ahead of his scheduled swearing in Friday, Hall County Sheriff-elect Gerald Couch named his top administrative team Monday.
6:28PM ( 2 years ago )
Tech beats Southern California in Sun Bowl
Tevin Washington threw a touchdown pass and ran for another score to help Georgia Tech beat Southern California 21-7 on Monday in the Sun Bowl.
5:54PM ( 2 years ago )
Hall Co. officials launch health-based initiative for employees
Hall County officials believe healthy county employees will be of greater service to the county. With that in mind, they have created a health-based fitness initiative to provide free fitness training for county workers.
5:46PM ( 2 years ago )
Local/State News
Biden for President? Associates mulling Clinton challenge
Vice President Joe Biden's associates have resumed discussions about a 2016 presidential run after largely shelving such deliberations while his son was sick and dying earlier this year.
By The Associated Press
9:50AM ( 33 minutes ago )
First Pres. pre-school program hosting reunion
A reunion for students, teachers and families that have participated in the pre-school program at First Presbyterian Church is set for later this month.
By Alyson Shields
8:59AM ( 1 hour ago )
Back to school for most students across NE Ga. this week
Most students in the Gainesville area will be heading back to school next week although those in one school district got the jump on things by returning to class Friday.
12:02AM ( 10 hours ago )
Atlanta airport again leads in number of guns found in bags
Atlanta's airport once again leads the nation in the number of guns found in carry-on bags.
By The Associated Press
6:49PM ( 15 hours ago )
Film crew shoots Dare Stones docu-drama at Brenau
A local legend is returning to the small screen while a film crew shoots a docu-drama about the Dare Stones on the Brenau University campus.
1:46PM ( 20 hours ago )