El Dorado Springs gets $7.6M DNR wastewater loan

El Dorado Springs is receiving a $7.6 million loan from the Missouri Department of Natural Resources for wastewater treatment and collection system improvements.

The city will use the grant money to build a new activated sludge wastewater treatment plant and to make improvements to the city's southwest pump station, according to a DNR news release.

Funding comes from the state's Clean Water Revolving Fund, which provides low-interest loans for wastewater projects. El Dorado Springs' interest rate will be 1.7 percent for the loan. The improvements should be completed in spring 2011.

The Clean Water State Revolving Fund receives money from both DNR and the U.S. Environmental Protection Agency.