City receives approval for $27.6 million loan
December 11, 2019
The State Lands and Investments Board gave conditional approval for a $27.6 million loan Green River intends to use towards the construction of a new wastewater treatment facility.
Green River Mayor Pete Rust said the approval was granted Thursday. He said the conditional approval is based on the city’s ability to prove it can pay back the loan, which he isn’t concerned about. The city intends to gradually raise its sewer rates to pay back the loan.
The city currently treats wastewater through a lagoon system originally constructed in 1962. The last update to that system happened in 198...