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SNWA Closed On $56.7 million SRF Loan With 1% Interest Rate
View allOctober 22, 2024
News
On Tuesday October 22, 2024 the Southern Nevada Water Authority closed on its State of Nevada Drinking Water State Revolving Fund Loan (Contract #DW2504). This loan will fund cost assocaited with the River Mountians Ozone Replacement Project. The loan will be drawn on a reimbursement basis in a maxium amount not to exceed $56,733,000. The term of the loan is 20-years and a rate of 1.00%.