Georgia Communities Receive Infrastructure Loans Totaling $63 Million

May 20, 2014

Jackson, Ga. – The cities of Adel, Ashburn, Byromville, Byron, Cairo, Comer, Davisboro, Dudley, Griffin, Helen, and Sylvester, the Georgia Gateway Community Improvement District (CID), the Lamar County Regional Solid Waste Authority, Lowndes County, the Madison County Industrial Development and Building Authority, and the Sinclair Water Authority, were awarded financing totaling $62,784,362 for water and wastewater infrastructure improvements by the Georgia Environmental Finance Authority (GEFA) board of directors today.

Approved Loans:

  • Adel was awarded a $1,145,872 Drinking Water State Revolving Fund (DWSRF) water conservation loan.
  • Ashburn was awarded a $750,000 Georgia Fund loan.
  • Byromville was awarded a $35,623 Georgia Fund loan.
  • Byron was awarded a $4,000,000 Clean Water State Revolving Fund (CWSRF) loan.
  • Cairo was awarded a $3,586,710 DWSRF loan.
  • Comer was awarded a $250,000 Georgia Fund loan (portions of project include water conservation).
  • Davisboro was awarded a $1,074,000 DWSRF loan.
  • Dudley was awarded a $2,000,000 CWSRF energy conservation loan.
  • Griffin was awarded a $500,000 CWSRF loan.
  • Helen was awarded a $413,490 DWSRF loan.
  • Sylvester was awarded a $2,245,667 DWSRF water conservation loan.
  • The Georgia Gateway Community Improvement District (CID) was awarded a $13,950,000 CWSRF loan and a $950,000 Georgia Fund loan.
  • The Lamar County Regional Solid Waste Authority was awarded a $27,500,000 Georgia Fund energy conservation loan.
  • Lowndes County was awarded a $1,710,000 Georgia Fund loan.
  • The Madison County Industrial Development and Building Authority was awarded a $1,500,000 DWSRF loan.
  • The Sinclair Water Authority was awarded a $1,173,000 DWSRF loan.

Quotes:

“The water, water supply and wastewater infrastructure programs administered by GEFA assist local governments with improving their environmental infrastructure. Financing water, water supply, sewer and solid waste projects, as well as energy and water conservation projects, encourage economic growth and the stewardship of our environment.” – GEFA Executive Director Kevin Clark. 

“I’d like to express my appreciation to Gov. Deal and to the members of the General Assembly for their support. The state’s commitment to helping cities and counties finance infrastructure projects contributes greatly to improving Georgia’s water resources.” – GEFA Executive Director Kevin Clark. 

“GEFA financing for water, water supply and wastewater infrastructure helps communities in all areas of the state. The projects that we agreed to finance today demonstrate that GEFA is investing in communities that are willing to invest in themselves.” – Chairman of the GEFA Board of Directors and Mayor of Dahlonega Gary McCullough.

Project and Loan Details:

City of Adel

The $1,145,872 DWSRF loan will finance replacing 150 medium to large aging and inaccurate water meters with automated meters. This project will also include replacing 35,000 linear feet of deteriorated and leaking water mains and associated service lines. The city will pay 1.31 percent interest on the 20-year loan, which includes principal forgiveness of up to $229,175, if all loan funds are drawn. The loan qualifies for a reduced interest rate because it’s an eligible water conservation project. The total project cost is $1,145,872 with GEFA providing the entire amount. In the last seven years, GEFA has financed more than $79 million in water-efficiency and conservation projects.

City of Ashburn

The $750,000 Georgia Fund loan will finance sewer improvements including the installation of approximately 10,478 linear feet of 8-inch cured-in-place-pipe, and the construction of a triplex pump station with submersible pumps. The city will pay 3.31 percent on the 20-year loan. The total project cost is $1,250,000, with Ashburn receiving $500,000 in funds from the Georgia Department of Community Affairs’ Community Development Block Grant.

City of Byromville

The $35,623 Georgia Fund loan will the repair of a major leak in the city’s water tank and replace the concrete pad. The city will pay 0.66 percent on the 10-year loan. The Georgia Fund policy contains an Environmental Emergency Loan provision to assist communities in financing improvements necessary to eliminate actual or potential public health hazards or environmental regulation violations. The total project cost is $71,246, and Byromville will also receive an Immediate Threat and Danger Program grant of $35,623 from the Georgia Department of Community Affairs. The Immediate Threat and Danger Program provides 50 percent matching funds for community development activities having a particular urgency when existing conditions pose a serious and immediate threat to the health or welfare of the community.

City of Byron

The $4,000,000 CWSRF loan will finance constructing new pump stations, force main, and gravity sewer to tie the existing Byron sewage collection system into the Macon Water Authority’s collection system. The city’s sewage will be treated at the Authority’s Rocky Creek Water Pollution Control Plant, and the city’s existing wastewater treatment facility will be decommissioned. Byron will pay 2.31 percent interest on the 20-year loan, which includes principal forgiveness of up to $500,000, if all loan funds are drawn. The total project cost is $4,000,000 with GEFA providing the entire amount.

City of Cairo

The $3,586,710 DWSRF loan will finance constructing a new water treatment plant along with a high-service pump station. The project will also include a 500,000 gallon storage tank. The city’s water source is located near the southern edge of the Gulf Trough, an area of the Floridan aquifer that contains elevated levels of arsenic. An arsenic removal system, along with a chemical injection system, will be constructed as well. Two deep water supply wells capable of yielding 2,000 gallons per minute will also be constructed. Cairo will pay 0.66 percent interest on the 10-year loan, which includes principal forgiveness of up to $500,000, if all loan funds are drawn. The total project cost is $3,586,710 with GEFA providing the entire amount.

City of Comer

The $250,000 Georgia Fund loan will finance installing radio-read meters and a computer modeling system, and replacing old cast iron water mains. Comer will pay 2.98 percent on the 20-year loan. The interest rate is blended and calculated on $82,000 at 2.31 percent for 20 years for the meters and computer modeling system, and $168,000 at 3.31 percent for 20 years for replacing the cast iron water mains. The meters and computer modeling system projects are water conservation eligible. The total project cost is $250,000, with GEFA providing the entire amount.

City of Davisboro

The $1,074,000 DWSRF loan will finance constructing a new water supply well and expanding the water filtration system. Modifications to the water filtration plant include installing 3,100 linear feet of water main, a second filter, new piping and new filter controls. The city will pay 2.31 percent interest on the 20-year loan, which includes principal forgiveness of up to $214,800, if all loan funds are drawn. The total project cost is $1,074,000 with GEFA providing the entire amount.

City of Dudley

The $2,000,000 CWSRF loan will finance constructing a lined equalization basin with energy-efficient aerators and an associated pump station, installing wastewater treatment devices in the existing lagoon and a chlorination/decholorination facility, and performing inflow and infiltration repairs throughout the city’s sewage collection system. Dudley will pay 1.31 percent interest on the 20-year loan. This loan qualifies for a reduced interest rate because it’s an eligible energy conservation project, and includes principal forgiveness of up to $300,000, if all loan funds are drawn. The total project cost is $2,000,000 with GEFA providing the entire amount.

City of Griffin

The $500,000 CWSRF loan will finance improving a stormwater runoff detention and pollution mitigation facility at 18th and Solomon Streets. The project will replace a failing and deficient dam with a larger, structurally-sound dam equipped with a spillway, and construct a forebay upstream of the proposed pond to capture sediment and floatable solids entering the pond from the city’s stormwater system. Griffin will pay 2.31 percent interest on the 20-year loan. The total project cost is $500,000 with GEFA providing the entire amount.

City of Helen

The $413,490 DWSRF loan will finance developing a new ground water well on Chattahoochee Street, replacing an 8-inch water line across the Hamby Street Bridge with 160 linear feet of 12-inch water line, and extending 850 linear feet of 4-inch water line to Carrie Cox Street. The project will also include flow control, miscellaneous telemetry, valving and other appurtenances. The city will pay 0.66 percent interest on the 10-year loan, which includes principal forgiveness of up to $103,373, if all loan funds are drawn. The total project cost is $413,490 with GEFA providing the entire amount.

City of Sylvester

The $2,245,667 DWSRF loan will finance replacing leaking and smaller diameter water mains, and existing water meters with new automated meter infrastructure (AMI) meters throughout the city. Sylvester will pay 1.31 percent interest on the 20-year loan, which includes principal forgiveness of up to $500,000, if all loan funds are drawn. The loan qualifies for a reduced interest rate because it’s an eligible water conservation project. The total project cost is $2,245,667 with GEFA providing the entire amount. In the last seven years, GEFA has financed more than $79 million in water-efficiency and conservation projects.

The Georgia Gateway Community Improvement District (CID)

The $13,950,000 CWSRF loan will finance the construction of a sewer system and a master stormwater system for the proposed EPIC Adventures Resort in Kingsland, Ga. The $950,000 Georgia Fund loan will finance the construction of a water system for the resort. The Georgia Gateway CID will pay 2.31 percent interest on the 20-year CWSRF loan and 3.31 percent on the 20-year Georgia Fund loan. The total cost for the projects is $14,900,000 with GEFA providing the entire amount.

Lamar County Regional Solid Waste Management Authority

The $27,500,000 Georgia Fund loan will finance constructing and installing an innovative technology designed to reduce solid waste in landfills and generate power. The project will extract gas from solid waste material to create fuel for power, heating and transportation. Lamar County will pay 2.31 percent on the 30-year loan. The loan qualifies for a reduced interest rate because it’s an eligible energy conservation project. The total project cost is $27,500,000, with GEFA providing the entire amount.

Lowndes County

The $1,710,000 Georgia Fund loan will finance installing an advanced ion exchange unit to treat contaminants and other wastewater system improvements. Lowndes County will pay 0.82 percent on the five-year loan. The total project cost is $1,710,000, with GEFA providing the entire amount.

The Madison County Industrial Development and Building Authority

The $1,500,000 DWSRF loan will finance constructing an interconnection between two distinct areas of the authority’s water distribution system, providing redundancy and greater reliability to the system. The project will also finance constructing an elevated storage tank to boost water pressure in the southeastern portion of the county. Madison County will pay 2.31 percent interest on the 20-year loan, which includes principal forgiveness of up to $500,000, if all loan funds are drawn. The total project cost is $1,500,000 with GEFA providing the entire amount.

The Sinclair Water Authority

The $1,173,000 DWSRF loan will finance concrete rehabilitation and waterproofing improvements for the existing filter basins, and installing additional piping and mechanical equipment to increase plant reliability and redundancy. The project will also replace membrane modules to restore plant filtration capacity. The Sinclair Water Authority will pay 2.31 percent interest on the 20-year loan, which includes principal forgiveness of up to $230,000, if all loan funds are drawn. The total project cost is $1,173,000 with GEFA providing the entire amount.

Additional Information:

The CWSRF, a federal loan program administered by GEFA, provides communities throughout Georgia with low-interest loans to fund wastewater infrastructure and water pollution reduction projects. Eligible projects include a variety of stormwater and wastewater collection and treatment projects. These projects conserve and improve water resources, and facilitate economic growth and development. Low-interest loans from this program are available up to $25 million.

The DWSRF, a federal loan program administered by GEFA, provides communities throughout Georgia with low-interest loans to fund water infrastructure projects that deliver safe, affordable drinking water. Eligible projects include a wide variety of public health or compliance related water supply projects. These projects conserve and improve water resources, and facilitate economic growth and development. Low-interest loans from this program are available up to $25 million.

The Georgia Fund, a state-funded program administered by GEFA, provides communities with low-interest loans for water, wastewater, water conservation and solid waste infrastructure projects. Eligible projects include water and sewer lines, treatment plants, pumping stations, wells, water storage tanks and water meters. These projects conserve and improve water resources, and facilitate economic growth and development. Low-interest loans from this program are available up to $3 million.

GEFA provides loan financing at a reduced interest rate to local governments and authorities for energy efficiency and renewable energy projects at water and wastewater treatment plants, landfills, and municipal solid waste facilities, in addition to infrastructure improvements. Eligible projects include, but aren’t limited to: landfill gas reclamation; solar photovoltaic and thin film solar geo-membrane covers; wind and biomass; variable frequency drives and energy efficiency measures; energy management systems and controls; biogas heat and power recovery systems; and infiltration and inflow projects that reduce pumping costs.