Cleveland, Tennessee to get $1.3 million in loans for wastewater infrastructure work

Gov. Bill Haslam speaks during the Chattanooga Rotary Club meeting Thursday, Aug. 24, 2017, at the Chattanooga Convention Center in Chattanooga, Tenn. Haslam spoke about health care and education among other topics during the event.
Gov. Bill Haslam speaks during the Chattanooga Rotary Club meeting Thursday, Aug. 24, 2017, at the Chattanooga Convention Center in Chattanooga, Tenn. Haslam spoke about health care and education among other topics during the event.

The city of Cleveland, Tennessee has been approved to get about $1.3 million in low-interest loans for improvements to wastewater infrastructure, Gov. Bill Haslam and Environment and Conservation Commissioner Dr. Shari Meghreblian said in a news release.

"This is great news for the people of Cleveland and Bradley County," Haslam stated. "This critical infrastructure support will lead to increased water quality for years to come."

Cleveland will receive $1 million for a collection system expansion project, funded with a 20-year, $900,000 loan at 1.56 percent interest and $100,000 that will not have to be repaid, the release states. The city also will receive a second low-interest loan for $350,500.

The expansion project will involve installing 7,750 linear feet of sewer lines to serve customers in an annexed area between South Lee Highway and Interstate 75's Exit 20.

The money comes through the state's Clean Water State Revolving Fund Loan Program.

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