city-of-sparta-meeting-minutes-2025-02-11_921.pdf
Sparta Receives $4.8M GEFA Funding for Water Improvements
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Description
City approved for $4.8 million from GEFA for water and wastewater infrastructure improvements. The funding includes a $3.6 million grant and a $1.2 million low-interest loan, aimed at addressing aging pipes and system issues with 75% forgiven, 25% city-funded at 2% interest over 20 years.
Contract Details
Contract Amount
$4,800,000
Vendor
GEORGIA ENVIRONMENTAL FUNDING
Agency
City of Sparta, IL
Contract Type
Loan/Grant
Document Date
February 11, 2025
Contract Term
20 years
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