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Wadley grant to fund recycled wastewater for biomass plant

Tuesday, Aug 28, 2012 4:11 PM
Last updated 7:41 PM
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The city of Wadley, Ga., will receive a $1,518,152 loan from the Georgia Environmental Finance Authority to develop infrastructure for a planned biomass plant that would burn wood products and shredded tires to make electricity.

The loan would finance a system to recycle treated wastewater from the city’s wastewater treatment plant, including 35,000 linear feet of 8-inch forcemain to deliver 100,000 gallons per day of treated effluent to the North Star Renewable Energy plant.

Wadley will pay 1.82 percent interest on the 20-year loan. It received a 1 percent interest rate reduction because the project will help conserve water.

The $70 million North Star plant would burn about 133,500 tons of forest products and about 38,500 tons of shredded tires per year to create about 24 megawatts of power.

Other recipients of GEFA grants announced Tuesday were the cities of Ashburn, Cuthbert, Jasper, Jeffersonville and Sylvester.

The authority manages Georgia’s Clean Water State Revolving Fund, a federal loan program that provides low-interest loans to fund wastewater infrastructure and water pollution reduction projects.

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wribbs
435
Points
wribbs 08/29/12 - 06:20 am
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If this plant were a good

If this plant were a good idea, there would be no need for a federal loan program to back it. Private business would be glad to back such a venture if the numbers added up, obviously they don't.

The same people that back borrowing this money from the federal government probably bash others that take welfare. To me they are the same thing.

By the way. I wouldn't loan the city of Wadley, GA fifty cent.

stillamazed
1488
Points
stillamazed 08/29/12 - 09:19 am
1
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Paying it back....

How is a town so small going to pay the money back it it fails. I am originally from Wadley and to me it is very sad what it has become. Most people down there do not want this bio-mass plant but after reading this I guess it is going to come anyway. I don't beleive that these plants are safe, no one can convince me otherwise yet it is being forced on the people who live near where it will be. The Wadley council is a joke minus a couple of council members and it has been on a downward spiral for years now. I remember when it was a good place to live but those times are gone, probably never to be seen again. @wribbs, are you from Wadley?

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