Surface water plant benefits from low-interest loan to build
The new surface water plant under construction to supply drinking water to Ceres and Turlock is benefitting from a 30-year low interest loan of $184.9 million. The plant is being constructed through a joint powers authority of the Stanislaus Regional Water Authority (SRWA) which the cities of Ceres and Turlock formed. The state Drinking Water State Revolving Fund loan program is furnishing more than $212.7 million in funding, which consists of $27.75 million generated by Proposition 68, which was passed by California voters in 2018.