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Story Archives: USDA approves $6.9 million loan for Vidalia muncipal complex
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USDA approves $6.9 million loan for Vidalia muncipal complex
Mayor Hyram Copeland said Vidalia received approval Monday for a $6.9 million loan from the U.S. Department of Agriculture to build a new municipal complex on the west side of Vidalia.
Bids will be advertised and let in September, said Copeland, and construction should begin by late October.
"We are blessed in our community to have people who will support ways to improve our quality of life," said Copeland. "We hope to be in and operating in the new complex by December of 2011."
Copeland said the USDA loan will be repaid over a 40-year period at four percent interest.
"We will pay for this without new taxes," said Copeland. "The recreation district's new complex and the city's high school ballparks will fuel economic growth. When tournaments are going on studies show that each person attending will spend an estimated $150 per day."
With development along the riverfront on the east side of town and the upcoming development of the municipal and recreational complexes on the west side, Copeland said Vidalia is positioned to continue growing and providing jobs for the region.
"Show me a community with a good recreation program and complexes and I'll show you a community with a low juvenile crime rate," he said. "This gives us all something to do that's centered around our young people. It's healthy and it's wholesome and it's any community's future."
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