Lake Butler signs off on $11.25 million wastewater loan – Grant will cover $9.65 million of principal forgiveness

BY DAN HILDEBRAN [email protected] The Lake Butler City Commission authorized Mayor Melissa Hendrix to execute a $11.25 million loan agreement with the state’s Clean Water State Revolving Fund for wastewater infrastructure upgrades during its September 16 meeting.   Under the loan agreement, the city is pledging revenues from its water fund to repay the loan.…