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Council approves application to borrow up to $7.85 million from GEFA to fund Pine Grove landfill expansion
Summary
The council approved a resolution authorizing the city to apply for and accept a Georgia Environmental Finance Authority loan up to $7.85 million to fund Phase 5 expansion at Pine Grove Landfill; officials said fees will cover debt service.
The Columbus City Council voted to authorize staff to apply for and, if approved, accept a Georgia Environmental Finance Authority (GEFA) loan of up to $7,850,000 to finance the Phase 5 expansion of the Pine Grove Landfill.
Why it matters: The landfill expansion is intended to extend local disposal capacity; officials said the city previously authorized parts of the project and that rising costs and financing contingencies required updated financing. Staff said the…
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