The Missouri Department of Natural Resources awarded a six-figure loan to Everton, Missouri, for drinking water improvements. The no-interest loan is one of two for the project. Meanwhile, Everton and Missouri DNR are working to secure larger funding for the second part of the improvement project.
According to the department’s news release, the loan is part of the Drink Water State Revolving Fund. The fund’s goal is to provide a cost-effective alternative to expensive private financing for cash-limited communities.
The assistance from this loan will save Everton taxpayers $74,000 in interest over the loan’s five-year term…