Texarkana, Ashdown receive large loans for water work

(Metro Newspaper Service)

TEXARKANA, Ark. -- The city has received hefty loans from the state to make water infrastructure improvements.

The Arkansas Department of Agriculture announced the approval of three loans totaling $8.324 million on Wednesday. The money will come from the Drinking Water State Revolving Loan Fund.

"The city received a $3,551,000 loan to replace failing mainline pipe, a $1,533,000 loan to replace water mains along East Street, and a $3,240,000 loan to construct and install an elevated storage tank," the Agriculture Department said in a news release.

The upgrades will affect nearly 30,000 water utility customers, the release states.

In Little River County, the city of Ashdown received a large, single loan from the Revolving Loan Fund. The $12,510,650 loan will go toward water distribution improvements for 4,261 customers, the release states.

In all, the Department of Agriculture's Natural Resources Commission approved $217,767,302 in financial assistance for 16 water and wastewater projects serving more than 622,472 Arkansans.