Bucyrus Building New Water Plant; Receives Funding from Ohio EPA
9/22/15
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MEDIA CONTACT: Dina Pierce
CITIZEN CONTACT: Darla Peelle
Bucyrus Building New Water Plant; Receives Funding from Ohio EPA
The City of Bucyrus will build a new water treatment plant and improve its distribution system with help from a low-interest loan from Ohio EPA. The project will allow the city to continue providing high quality drinking water to residents, businesses and other consumers in the surrounding area.
Specifically, the project includes construction of a new drinking water treatment plant to replace the existing aging plant. The modern treatment system will include water softening, granular activated carbon filtration and ultraviolet disinfection.
Created in 1998, the Water Supply Revolving Loan Account (WSRLA) provides below-market interest rate loans for compliance-related improvements for community water systems and non-profit, non-community public water systems. Bucyrus is borrowing $28.589 million from the WRSLA and will save an estimated $5.94 million in interest compared to a conventional, market-rate loan.
Projects eligible for WSRLA funding include design and construction loans for new, replaced, rehabilitated, upgraded or expanded water treatment plants and their components. In addition, the WSRLA can provide technical assistance to public drinking water systems in a variety of areas from the planning, design and construction of improvements to enhancing the technical, managerial and financial capacity of these systems.
Ohio EPA’s revolving loan funds are partially supported by federal grants and designed to last indefinitely through repayment of loans and investments in bonds. The WSRLA is managed jointly by Ohio EPA’s Division of Environmental and Financial Assistance and Division of Drinking and Ground Waters, with assistance from the Ohio Water Development Authority. Ohio EPA is responsible for program development and implementation, individual project coordination, and environmental and other technical reviews/approvals of projects seeking funds. The Ohio Water Development Authority provides financial management of the fund.
More information about the WSRLA is available at: epa.ohio.gov/defa/EnvironmentalandFinancialAssistance.aspx.
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The Ohio Environmental Protection Agency was created in 1972 to consolidate efforts to protect and improve air quality, water quality and waste management in Ohio. Since then, air pollutants dropped by as much as 90 percent; large rivers meeting standards improved from 21 percent to 89 percent; and hundreds of polluting, open dumps were replaced with engineered landfills and an increased emphasis on waste reduction and recycling.
Bucyrus Building New Water Plant; Receives Funding from Ohio EPA
Source: Ohio Environmental News