Georgia communities receive infrastructure loans totaling $44.3 million

May 9, 2017

Loan commitments include energy and water conservation projects

Fourteen Georgia communities were awarded financing totaling $44,322,000 for water, sewer, stormwater, and wastewater infrastructure improvements by the Georgia Environmental Finance Authority (GEFA) board of directors.

Approved loans:

  • Allentown awarded a $42,000 Drinking Water State Revolving Fund (DWSRF) conservation loan
  • Bartow County awarded a $4,600,000 Clean Water State Revolving Fund (CWSRF) loan, a $6,230,000 DWSRF loan, and a $600,000 Georgia Fund loan
  • Blackshear awarded a $5,667,000 CWSRF loan
  • Dahlonega awarded a $1,069,000 Georgia Fund conservation loan
  • Eatonton-Putnam Water Sewer Authority awarded a $2,500,000 CWSRF loan
  • Emanuel County Development Authority awarded a $920,000 Georgia Fund loan
  • Floyd County awarded a $8,800,000 DWSRF loan
  • Lowndes County awarded a $1,734,000 CWSRF loan
  • Ludowici awarded a $954,000 CWSRF conservation loan
  • Maysville awarded a $1,196,000 CWSRF conservation loan
  • Pelham awarded a $510,000 DWSRF conservation loan
  • Thomaston awarded a $2,000,000 CWSRF loan and a $2,250,000 DWSRF conservation loan
  • Thomasville awarded a $1,500,000 CWSRF conservation loan and a $1,250,000 DWSRF conservation loan
  • Woodbury awarded $2,500,000 CWSRF conservation loan

Quotes:

“GEFA loans help local governments improve their environmental infrastructure. Financing water, wastewater, solid waste, and energy, land and water conservation projects encourages economic growth and the stewardship of our environment.” – GEFA Executive Director Kevin Clark.

“I’d like to thank Gov. Deal, the Georgia Congressional delegation, and 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.

“Low-interest financing from GEFA helps communities throughout the state. The projects financed 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 Dallas Boyd L. Austin.

Project and loan details:

Town of Allentown

The $42,000 DWSRF conservation loan will finance replacing approximately 122 water meters with an automatic meter reading (AMR) system. This project will address inaccuracies, improve water efficiency, and reduce operation and maintenance costs. The city will pay a 0.50 percent interest rate on the 10-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate.

Bartow County 

The $4,600,000 CWSRF loan will finance the extension of sewer service to an unserved area of the county. The project consists of providing gravity sewer, force main, and a duplex pump station to transport the sewage to the Cartersville wastewater treatment plant. The county will pay 0.81 percent interest on the 10-year loan.

The $6,230,000 DWSRF loan will finance the installation of a new 1.5 million gallon elevated water tank, new service lines, and new meters. The project will help the system maintain sufficient water pressure. The county will pay 1.89 percent interest on the 20-year loan.

The $600,000 Georgia Fund will help with soil stabilization and pressure grouting to protect sinkholes from forming near the Stiles Mountain Reservoir. The county will pay 1.31 percent interest on the 10-year loan.

City of Blackshear   

The $5,667,000 CWSRF loan will finance the construction of a new wastewater treatment plant capable of treating up to 1 million gallons per day. The project includes construction of an aeration lagoon and settling pond, replacement of effluent lift stations, and the demolition of the city’s North and South wastewater treatment plants. This project will allow the city to efficiently treat wastewater and to meet the limits set in its wastewater discharge permit. The city will pay 0.50 percent interest on the 5-year loan. 

City of Dahlonega

The $1,069,000 Georgia Fund conservation loan will finance the installation of water lines, isolation valves, and fire hydrants. The project will address deteriorating water lines and provide adequate pressure and volume for fire protection. The city will pay 1.15 percent interest on the 15-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate.

Eatonton-Putnam Water Sewer Authority  

The $2,500,000 CWSRF loan will help finance installing a third clarifier at both the Westside and Eastside Wastewater Treatment Facilities, upsizing of the piping in both facilities, replacing aging equipment at both facilities, and rehabilitating existing lift stations, gravity sewers, and force mains. As a result, both facilities will operate more efficiently. The authority will pay 1.79 percent on the 20-year loan. The loan qualifies for a reduced interest rate because a portion of the project is a conservation activity, and includes up to $500,000 in principal forgiveness if all loan funds are drawn.

Emanuel County Development Authority

The $920,000 Georgia Fund loan will finance the installation of a new elevated water tank and well pump and the connection of water lines at the I-16 Industrial Park. The infrastructure is needed to help attract prospective industries and to provide fire protection. The authority will pay 2.39 percent interest on the 20-year loan.

Floyd County  

The $8,800,000 DWSRF loan will finance the installation of a new pump station, water lines, hydrants, and a 1 million gallon water storage tank. The project will alleviate bacterial contamination in wells and address low water pressure within the system. The county will pay 1.89 percent on the 20-year loan.

Lowndes County

The $1,734,000 CWSRF loan will help finance the rehabilitation of the wastewater treatment facility and updating the existing lift stations and manholes. The project will help improve the operational efficiency of the county’s wastewater treatment system. The county will pay 0.81 percent interest on the 10-year loan, which includes a principal forgiveness of $357,500 if all loan funds are drawn. 

City of Ludowici    

The $954,000 CWSRF conservation loan will finance the rehabilitation of seven of the city’s raw pump stations. The project will address the inefficiencies of the pump stations to increase the reliability and energy efficiency of the sewer system. The city will pay 0.89 percent interest on the 20-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate, and includes principal forgiveness up to $238,000 if all funds are drawn.  

City of Maysville

The $1,196,000 CWSRF conservation loan will finance the replacement of the city’s two existing wastewater pump stations, force mains, gravity sewers, and manholes to reduce overflow within the city’s sanitary sewer collection system. The city will pay 1.70 percent interest on the 30-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate, and includes principal forgiveness up to $299,000 if all funds are drawn.

City of Pelham

The $510,000 DWSRF conservation loan will finance replacing 1,560 of the city’s current water meters with an automatic meter reading (AMR) system. The project will reduce water loss, enhance system reliability, and reduce operation and maintenance requirements. The city will pay a 0.89 percent interest on the 20-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate.

City of Thomaston

The $2,000,000 CWSRF loan will finance replacing stormwater culverts and pipes and installing detention ponds in the city. The project will alleviate failures in aging infrastructure. The city will pay 1.89 percent interest rate on the 20-year loan, which includes principal forgiveness up to $500,000 if all funds are drawn.

The $2,250,000 DWSRF conservation loan will finance replacing water mains and installing hydrants, valves, service lines, meters, and backflow preventers. The project will provide improvements to the water system of Southwest Silvertown Village. The city will pay 0.89 percent interest on the 20-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate, and includes principal forgiveness up to $500,000 if all funds are drawn.   

City of Thomasville

The $1,500,000 CWSRF conservation loan will finance the installation of a gravity sewer main and force main, demolition of the existing pump station, and abandoning of the existing leaking force main. The project will increase energy efficiency and reduce water loss. The city will pay 0.89 percent interest on the 20-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate.

The $1,250,000 DWSRF conservation loan will finance the replacing water mains and installing hydrants, valves, and service line connections. This project will rehabilitate the aging water system to allow efficient operation and to provide safe drinking water. The city will pay 0.89 percent interest rate on the 20-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate.

City of Woodbury

The $2,500,000 CWSRF conservation loan will finance the rehabilitation of gravity sewer, manholes, and pumping stations. This project will replace aged and deteriorating components of the sewer system to eliminate inflow and infiltration. The city will pay 1.70 percent interest on the 30-year loan. The loan will finance a conservation project, which qualifies for a reduced interest rate, and includes principal forgiveness up to $500,000 if all funds are drawn.  

Other board actions:

Alcovy Shores Water and Sewer Authority

The GEFA board ratified an emergency loan authorized by the GEFA executive director. The authority received a $39,000 Georgia Fund loan to repair the communities water distribution system. The project consists of upgrades to the water distribution system, including repairs to the booster pump station. The authority will pay 0.50 percent interest on the 15-year loan.

City of Cornelia     

The GEFA board awarded a $3,000,000 increase to a Georgia Fund loan originally approved for $11,695,958 in May 2013 and increased by $982,658 in May 2016.

City of Dahlonega

The GEFA board ratified an emergency loan authorized by the GEFA executive director. The city received a $500,000 Georgia Fund conservation loan to rehabilitate the city’s water treatment plant. The project will consist of rehabilitating pump station and replacing existing pumps and related appurtenances. The city will pay 0.81 percent interest on the 10-year loan.

Decatur County

The GEFA board awarded a $405,000 increase to a Georgia Fund loan originally approved in August 2014 for 2,595,000.

Hart County Water and Sewer Authority

The GEFA board approved a 5-year term extension to a $365,000 DWSRF conservation loan originally approved in January 2017.

City of Hinesville

The GEFA board approved a scope modification to a $6,122,450 CWSRF loan originally approved for $4,622,450 in May 2016 and increased by $1,500,000 in November 2016.

Additional information:

The CWSRF, a federal loan program administered by GEFA, provides communities with low-interest loans to fund wastewater infrastructure and water pollution control projects. The program is jointly funded by the U.S. Environmental Protection Agency and the state of Georgia. 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 are available up to $25 million.

The DWSRF, a federal loan program administered by GEFA, provides communities with low-interest loans to fund water infrastructure projects that deliver safe, affordable drinking water. The program is jointly funded by the U.S. Environmental Protection Agency and the state of Georgia. Eligible projects include a 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 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 are available up to $3 million.

GEFA provides loan financing at a reduced interest rate for energy efficiency and renewable energy projects at water and wastewater treatment plants, landfills, and municipal solid waste facilities; water conservation projects in the areas of water loss and end-use water efficiency; and land conservation projects, including fee title and conservation easement purchases.