2019 Intended Use Plan
Clean Water State Revolving Fund
Prepared by the Georgia Environmental Finance Authority
April 26, 2019
2019 Intended Use Plan Georgia Environmental Finance Authority
Clean Water State Revolving Fund
Table of Contents
Contents
Page
Part I--Section 606 Requirements
Introduction.................................................................................................................................................... 3 CWSRF Project Solicitation Process ............................................................................................................. 3 CWSRF Comprehensive List......................................................................................................................... 4 CWSRF Fundable List and Estimated Disbursement Schedule .................................................................... 4 Terms and Conditions of Financing ............................................................................................................... 5 4 Percent Administration................................................................................................................................ 7 Criteria and Method for Distribution of Funds ................................................................................................ 7 WRRDA Implementation................................................................................................................................ 7 CWSRF Goals and Objectives ...................................................................................................................... 8 20 Percent State Match Requirement............................................................................................................ 9 Assurances and Specific Proposals .............................................................................................................. 9 Public Participation ...................................................................................................................................... 10
Part II--Attachments
Attachment 1 - Comprehensive List (Clean Water Projects)........................................................................ 11 Attachment 2 - Fundable List and Disbursement Schedule ......................................................................... 19 Attachment 3 - ASAP CWSRF Payment Schedule...................................................................................... 20 Attachment 4 - Estimated Sources and Uses .............................................................................................. 21 Attachment 5 - CWSRF 4 Percent Administrative Funds............................................................................. 22 Attachment 6 - 2019 CWSRF Affordability Criteria ...................................................................................... 23 Attachment 7 - Ranking Criteria for CWSRF Projects.................................................................................. 24 Attachment 8 - Public Meeting Summary IUP.............................................................................................. 26 Attachment 9 - Loan Program Policies ........................................................................................................ 27
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Clean Water State Revolving Fund Intended Use Plan 2019
Introduction
Section 606(c) of the Water Quality Act of 1987 requires each state to annually prepare an Intended Use Plan (IUP) identifying the use of funds from the Clean Water State Revolving Fund (CWSRF). Section 606 also requires capitalization grant recipients to describe how they will support the goals of the CWSRF. This IUP outlines Georgia's proposed uses of the FY2019 CWSRF allotment of $27,138,000.
The Georgia Environmental Finance Authority (GEFA) was created by the Georgia General Assembly in 1986 as the successor agency to the Georgia Development Authority Environmental Facilities Program. GEFA serves as the central state agency for assisting local governments in financing the construction, extension, rehabilitation and replacement, and securitization of public works facilities. The GEFA board of directors consists of three ex-officio members and eight members appointed by the governor. Under an interagency agreement, the Georgia Environmental Protection Division (EPD) provides professional services to administer the CWSRF. These services include, but are not limited to:
Project reviews and approvals; Planning and project development; Information tracking; Updating files; Information gathering and development of National Needs Survey; Issuing and approving Notices of No Significant Impacts (NONSI) and Categorical Exclusions (CE); Assistance with the National Information Management System (NIMS);and The Clean Water Benefits Reporting (CBR) database.
CWSRF Project Solicitation Process
Developing the CWSRF comprehensive list involves an online pre-application process where all communities requesting funding provide project-related information. GEFA initiated the project solicitation process on September 4, 2018, allowing prospective applicants to submit pre-applications until January 31, 2019. GEFA emailed the solicitation notice to its stakeholder list and coordinated with relevant trade and local government associations to further disseminate the project solicitation. GEFA also designated a section of its website to announce the solicitation for new projects. GEFA made available project solicitation packets that contained detailed information about financing terms, available funding, and the scoring system for project prioritization. GEFA accepted CWSRF pre-applications through an online pre-application form available on the GEFA website. GEFA used the pre-application information to score and rank all submitted projects. Sixty-one clean water projects were submitted with a total need of $178,073,000. The CWSRF comprehensive list includes all clean water projects in descending order based upon project score.
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CWSRF Comprehensive List
The CWSRF comprehensive list (Attachment 1) includes clean water projects submitted during the preapplication solicitation period. The comprehensive list is comprised of the community, the project score, the population, the total project cost, whether or not the borrower is eligible for principal forgiveness, and a description of the project. The GEFA board of directors reserves the right to fund lower priority projects over higher priority projects if, in the opinion of GEFA, a higher priority project has not taken the necessary steps to prepare for funding and initiation of construction (e.g., GEFA has not received a complete and approvable financial application, the project is not ready to proceed, or the community withdraws its project from consideration). Additionally, if a qualified project becomes viable within the funding year, Georgia may amend its comprehensive list. To accommodate those communities that decide to participate in the CWSRF after the capitalization grant has been awarded, GEFA will hold quarterly meetings to include any new projects on the comprehensive list. This same process of public review and comment will be followed for any substantive change in the priority of the CWSRF.
CWSRF Fundable List and Estimated Disbursement Schedule
The CWSRF fundable project list with an estimated disbursement schedule is located in Attachment 2. The fundable list contains projects GEFA has identified as ready to move forward, which can be seen in the score column in Attachment 1. Projects qualify for the fundable list by meeting conditions such as: consent order issued by Georgia EPD, CE or NONSI issuance or approval, and/or are needed to maintain compliance with an applicable permit. Projects on the fundable list are projected to draw down the 2019 grant funds. GEFA created this disbursement schedule based on the eight quarters identified in the 2019 CWSRF payment schedule located in Attachment 3, which indicates the timeframe for requesting the CWSRF capitalization grant allotment from U.S. Environmental Protection Agency's (EPA) Automated Standard Application for Payments (ASAP) System. Some of the projects listed on the disbursement schedule are one phase of a larger project and some of the projects may have a construction schedule longer than the eight quarters identified in the CWSRF payment schedule.
CWSRF assistance includes loan financing and any identified principal forgiveness as outlined in the applicable appropriations language. Assistance will also be provided to municipalities, water/sewer authorities, and any other entity created by the Georgia legislature and non-governmental organizations (NGO) for the purpose of land conservation loans. Eligible activities consist of construction, expansion, and improvements to publicly-owned wastewater treatment facilities; implementation of a non-point source pollution control projects; installation of solar arrays at wastewater treatment facilities; and purchase of land within Georgia resulting in the improvement of water quality. All borrowers must designate a repayment source(s) for each loan agreement signed with GEFA. All projects must be designed to meet current National Pollutant Discharge Elimination System (NPDES) permit limits and all other requirements needed to maintain water quality standards. All construction projects will meet the requirements of the Federal Water Pollution Control Act (FWPCA) with respect to Davis-Bacon requirements in section 513 and American Iron and Steel (AIS) requirements in section 608.
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Terms and Conditions of Financing
Standard CWSRF Financing Terms GEFA's benchmark interest rate is the true interest cost (to the nearest hundredth of one percent) received by the state on its competitively-bid, general obligation bond issue. GEFA currently offers CWSRF loans to local governments and authorities at an interest rate of 50 basis points (0.50 percent) below the benchmark rate.
CWSRF loans are available with terms as short as five years and not exceeding 30 years or the useful life of the project
GEFA charges a one-time origination fee which is one percent of the total CWSRF financing provided for the project. The origination fee is charged on each commitment when the contract is executed and paid in the second month following contract execution. GEFA deposits origination fees into a separate non-project account. Program income, generated from direct capitalization grant funds, and non-program income, generated from repayment funds, will be collected and accounted for separately. Program income and non-program income can be seen as a source and use of funds in the Estimated Sources and Uses of Funds in Attachment 4.
CWSRF Conservation Financing Terms CWSRF-eligible conservation projects receive an interest rate reduction.
The following types of water conservation projects are eligible:
Installing or retrofitting water efficient devices, such as plumbing fixtures and appliances; Implementing incentive programs to conserve water, such as rebates for water efficient
fixtures; Inflow and infiltration correction; Installing water meters in previously unmetered areas; Replacing broken/malfunctioning water meters or upgrading existing water meters; and Water recycling and reuse projects that replace potable sources with non-potable sources.
The following types of energy production and energy conservation projects are eligible:
Energy production projects at a publically-owned treatment facility via wind, solar, geothermal, or biogas combined heat and power projects;
Inflow and infiltration projects that reduce power consumption; Projects that replace pumps and motors to reduce power consumption; Projects that eliminate pumps and pumping stations; and Projects that install energy efficient treatment equipment or processes.
The following types of land conservation projects are eligible:
Water quality protection for rivers, streams, and lakes; Flood protection; Wetlands protection; Reduction of erosion through protection of steep slopes, erodible soils, and stream banks;
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Protection of riparian buffers and other areas that serve as natural habitat and corridors for native plant and animal species;
Protection of prime agricultural and forestry lands; Protection of cultural sites, heritage corridors, archaeological and historic resources; Scenic protection; Provision of passive recreation; and Connection of existing or planned areas contributing to the aforementioned goals.
Principal Forgiveness The terms and conditions of the grant award allow subsidy in the form of principal forgiveness to borrowers of the CWSRF loan program. Subsidy may not fall below 10 percent or exceed 30 percent of the total grant award.
Principal forgiveness will be provided to eligible projects until it is exhausted. Both the project score and the affordability score will be considered
In preparation of the FY2019 project solicitation, GEFA contracted with the Environmental Finance Center at the University of North Carolina to develop a tool for evaluating and scoring communities to determine principal forgiveness eligibility. The tool uses three criteria -- median household income (MHI), unemployment percent, and population trend.
For each criterion, a borrower will be categorized into one of four percentiles - 25 percent, 50 percent, 75 percent, or 100 percent. A score of one through four is given for each criterion, based on the percentile. A maximum of 12 points is possible. If a community has multiple projects on the CWSRF comprehensive list, only one project can receive principal forgiveness. The affordability score for each applicant can be found in Attachment 1.
1. Median Household Income (MHI)
State Percentiles 25th Percentile 50th Percentile 75th Percentile 100th Percentile
(4 points)
(3 points)
(2 points)
(1 point)
MHI
$29,509
$37,108
$47,375 $47,376 and higher
2. Unemployment Percent
State Percentiles 25th Percentile 50th Percentile 75th Percentile 100th Percentile
(1 point)
(2 points)
(3 points)
(4 points)
Unemployment Percent
3.30%
4.80%
6.60% 6.61% and higher
3. Population Trend
The following will be the categories used for determining scoring for change in population from 2010 to 2016.
Positive growth or no growth (1 point) Between -0.01 percent and -1 percent (2 points) Between -1.01 percent and -2 percent (3 points)
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Greater than -2 percent (4 points)
The following list shows the affordability score and potential principal forgiveness percentage for the FY2019 grant year:
Score of 11 or 12 will receive 45 percent Score of 10 will receive 40 percent Score of 9 will receive 35 percent Score of 8 will receive 30 percent Score of 7 will receive 25 percent Score of 6 or less will not receive principal forgiveness
Principal forgiveness will not exceed $750,000 for an affordability score of 7 or 8, and will not exceed $1,000,000 for an affordability score of 9 or higher.
4 Percent Administration
Georgia intends to use repayment dollars in the amount of $1,085,520 for administrative purposes. A detailed account of the personnel costs associated with the administration of the CWSRF are found in Attachment 5.
Criteria and Method for Distribution of Funds
Attachment 6 explains Georgia's criteria and method used to score and distribute funds for CWSRF projects. Only those cities and counties that have been designated as a "Qualified Local Government" and are in compliance with O.C.G.A. Section 36-70-20 and appear on the comprehensive list may receive a CWSRF loan commitment. Lastly, only those communities that are in compliance with plumbing code standards as codified in O.C.G.A. Section 12-5-4 will be eligible for financing through GEFA. Eligible project costs include planning, design, engineering, construction, and in some limited cases, land acquisition costs attributed to the project. No loan will be executed until environmental approval has been issued and financial requirements have been met.
WRRDA Implementation
Several changes were made to the CWSRF through the Water Resources Reform and Development Act (WRRDA) on June 10, 2014. Outlined below is one of the changes and GEFA's strategy and procedure for its implementation.
Architectural and Engineering (A/E) Services Procurement For any capitalization grant awarded after October 1, 2014, the state must ensure that all A/E contracts for projects using funds "directly made available by" a capitalization grant, i.e., equivalency projects, comply with the elements of the procurement processes for A/E services as identified in 40 U.S.C. 1101 et seq., or an equivalent state requirement.
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O.C.G.A Section 50-22-6 outlines Georgia's managerial control over acquisition of professional services and the selection through contract negotiations. O.C.G.A Section 50-22-2(5) defines a Project as any activity requiring professional services estimated by the state agency to have a cost in excess of $1,000,000 and costs for professional services in excess of $75,000. Using this criteria GEFA will require borrowers to go through a one-step selection process if project costs are between $1,000,000 and $3,000,000 and A/E services exceed $75,000. The one-step A/E selection process consists of the following:
1. Selection manager and selection committee appointment. 2. Development of a request for qualifications (RFQ) document. 3. Advertisement of the RFQ. 4. Evaluation of the statements of qualifications (SOQs). 5. Selection of highest-scoring firm for negotiation for possible contract.
GEFA will require borrowers to go through a two-step selection process if project costs are above $3,000,000 and A/E services exceed $75,000. The two-step A/E selection process consists of the following:
First step: 1. Selection manager and selection committee appointment. 2. Development of a request for qualifications (RFQ) document. 3. Advertisement of the RFQ. 4. Evaluation of the statements of qualifications (SOQs). Second step: 5. Interview of 3 to 5 highest scoring finalist firms. 6. Evaluation of interviews. 7. Selection of highest final scoring firm for negotiation of possible contract.
For project with costs below $1,000,000 and costs for A/E services below $75,000 no competitive procurement is required. GEFA will have RFQ templates of both one-step and two-step selection processes available by June 2019 for borrowers to use in anticipation of the FY2021 project solicitation process that begins in September 2020.
CWSRF Goals and Objectives
Long-term Goals 1. Explore the viability of regionalization and/or consolidation of systems to take advantage of economies of scale and to address the technical, managerial, and financial capacity issues experienced by disadvantaged communities. 2. Coordinate activities with other state and federal agencies to enhance borrowers' understanding of the range of funding options. Seek opportunities to leverage funds so that borrowers can benefit from the maximum level of public assistance available. 3. Maintain and improve database management systems that integrate Clean Water project data with program management data. 4. GEFA will continue to administer the CWSRF in a fiscally responsible manner that will ensure it's revolving nature in perpetuity.
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Short-term Goals 1. Improve SRF outreach and training to borrowers, project administrators, Area Development Districts, and engineers. 2. Coordinate with the Georgia Environmental Protection Division to identify and reach out to communities with ongoing compliance issues.
20 Percent State Match Requirement
Under the provisions of the FWPCA Section 602(b)(2), the state is required to deposit an amount equal to 20 percent of the total capitalization grant into the CWSRF. Based on the potential FY2019 allotment of $27,138,000, the amount of state match required amounts to $5,427,600. The Georgia state legislature has been requested to provide sufficient general obligation bonds to GEFA to cover this requirement. GEFA will disburse these state bond funds along with federal direct capitalization grant funds in a manner that is proportionate to ensure the proper match on each loan disbursement. Each project which receives direct federal grant funds will receive a portion of the disbursement in federal funds (83.33 percent) and a portion of the disbursement in state match funds (16.67 percent). These state match funds will be held outside the CWSRF until the disbursement is made. Once these state dollars are disbursed to a project, those funds and the interest paid on those funds will become CWSRF funds and returned to the program.
Assurances and Specific Proposals
In addition to the assurances that accompany the capitalization grant application (Standard Form 424) for 2019 funds, GEFA further agrees to adhere to all the certifications covered within the Operating Agreement with EPA Region 4. The specific certifications are:
1. Capitalization grant agreement 2. Payment schedule 3. State matching funds 4. Commitment of 120 percent in one year 5. All Funds - timely expenditure 6. Enforceable requirements of the Clean Water Act 7. Cross cutting issues 8. State law and procedures 9. State accounting and auditing procedures 10. Recipient accounting and auditing procedures 11. Annual report 12. Limitations on eligibility 13. Environmental review process 14. Maintain the fund 15. Perpetuity 16. Types of assistance 17. Priority list 18. Limitations of double benefits 19. Consistency with planning requirements 20. Annual audit 21. Intended use plan 22. Annual federal oversight review and technical assistance
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23. Dispute resolution 24. Reserve the right to transfer up to 30% of grant amount between programs 25. NIMS 26. CBR As in previous years, CWSRF program managers will continue to coordinate with the EPA Region 4 office on items such as quarterly and annual reports, annual reviews, National Needs Surveys, collection of NIMS data, training opportunities, attendance at regional and national conferences, workshops, and various administrative program efforts. Public Participation This IUP is subject to review and comment by the public prior to incorporation into the 2019 capitalization grant application. A public notice was placed in the Fulton Daily Report on Monday, April 1, 2019, announcing a public meeting on the CWSRF IUP on Tuesday, April 23, 2019, at 10:00 a.m. in GEFA's boardroom. A summary for the public meeting can be found within Attachment 8.
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Community Athens-Clarke County Unified Government City of Baldwin City of Norman Park
City of Blue Ridge City of Louisville
Attachment 1 Clean Water State Revolving Fund
2019 Comprehensive List
Total Project
Score 2016 Pop.
Cost
Affordability Score
Potential Principal Forgiveness
Est. Interest
Rate
Est. Term
Project Description
Wastewater
Sewer
Sewer
Stormwater
Land
Energy
Treatment Construction Rehabilitation Projects Conservation Projects
105 120,813
$900,000
100 3,523 $4,750,000
95 1,213 $5,000,000
7
$225,000 1.59%
7
$750,000 2.59%
6
$0 1.59%
Place approximately 92 acres of land containing
unique habitats into permanent conservation by
acquiring the property fee-simple through the Athens-
20 Clarke County Land Conservation Program.
Improve the wastewater treatment facility in order to
20 improve operations at the plant.
x
Rehabilitate the sewer collection system and water pollution control plant to address severe I/I issues. The project will reduce energy consumption at the 20 plant and will result in regulatory compliance.
x
x
x
85 1,485 $5,000,000
7
$750,000 2.59%
Make improvements to the wastewater treatment
plant to achieve compliance for temperature limits
and to upgrade aging components of the plant. The
components that need to be replaced or repaired
include the existing sludge handling system (including
the undersized, aging belt press and building), the
mechanical buildings, the influent and effluent
refrigerated samplers, the processor in main control
panel, the automatic bar screen, the decanter pump,
the aerator deflector, and other miscellaneous items.
The project also includes the addition of a septic
receiving station.
The city owns and operates an activated sludge
wastewater treatment plant rated for 1.0 MGD
treatment capacity. The city's NPDES permit was
renewed on October 1, 2015, carrying with it effluent
limitations which became effective October 1, 2018.
Specifically, the permit limited the receiving stream
temperature change to 0 degrees F. To address this
new requirement, the project scope involves adding
an effluent cooling technology. Two technologies
have been identified as potential upgrades designed
to lower the plant effluent temperature, and these
technologies will be investigated to determine the
20 better option for the city.
x
Rehabilitate two aging sewage pump stations, install
a mechanical bar screen at the city's main sewage
pumping station, and install process control
85 2,772
$500,000
10
$200,000 2.59%
20 instrumentation at the water pollution control plant.
x
x
11
Community City of Lavonia
City of Quitman City of Homerville
City of Pembroke City of Vienna Lowndes County Board of Commissioners City of Toccoa
Attachment 1 Clean Water State Revolving Fund
2019 Comprehensive List
Score 2016 Pop. 75 2,038
Total Project Cost
$4,600,000
Affordability Score
8
Potential Principal Forgiveness
$750,000
Est. Interest
Rate
Est. Term
Project Description
Wastewater Treatment
1.59%
Upgrade the aging collection system and pump
stations to accommodate higher flows from the
Gateway Industrial Park. These improvements to the
city's sewerage system are needed to keep the
facilities in good working order and to meet state and
20 federal regulatory requirements.
x
Sewer Construction
Sewer Rehabilitation
x
Stormwater
Land
Energy
Projects Conservation Projects
x
Upgrade the wastewater treatment facility, including
improvements to the headworks, installation of a
mechanical bar screen, replacement of an inefficient
aeration system with new aerators, and sludge
removal from the treatment pond. The project also
includes the rehabilitation and/or replacement of
approximately 4,000 LF of existing 6-inch and 12-inch
gravity sewer in order to reduce inflow/infiltration
75 3,827 $1,250,000
10
$500,000 1.59%
20 problems in the sewer collection system.
x
x
x
Modify the WPCP to include more energy efficient
equipment and backup power upgrades. In addition,
the project will replace failing equipment and
70 2,425 $2,000,000
11
$900,000 1.59%
20 upgrade the headworks.
x
x
Rehabilitate the sanitary sewer system.
Improvements include the lining and replacement of
manholes and gravity sewer mains. The project will
significantly reduce inflow/infiltration in the system,
reduce lift station run times, eliminate overflows,
restore treatment capacity at the Wastewater
Treatment Facility, and reduce energy consumption
70 2,488 $1,303,000
9
$456,050 1.59%
20 throughout the collection and treatment system.
x
x
Rehabilitate sewer mains, manholes, services, and lift
stations. Rehabilitation of the sewer system will
target I/I and the system components that are at the
70 3,791 $2,500,000
8
$750,000 1.59%
20 end of their useful life.
x
x
Improve multiple lift stations by replacing aged
pumps that have reached the end of their useful life
along with the associated electrical controls and valve
equipment. Existing manholes will be lined to reduce
70 113,898 $2,500,000
6
$0 1.59%
20 infiltration.
x
x
65 8,374 $4,902,000
Improve raw sewage pumping, influent screening, grit
removal, and additional flow equalization volume to
increase peak flow capacity through the plant
headworks to maintain treatment performance and
9 $1,000,000 2.59%
20 NPDES compliance during wet weather events.
x
x
12
Community
Bartow County Bartow County
City of Social Circle City of Ball Ground City of Hinesville City of Hinesville
City of Morgan City of Villa Rica City of Fairmount
Attachment 1 Clean Water State Revolving Fund
2019 Comprehensive List
Total Project
Score 2016 Pop.
Cost
Affordability Score
Potential Principal Forgiveness
Est. Interest
Rate
Est. Term
Project Description
Wastewater
Sewer
Sewer
Stormwater
Land
Energy
Treatment Construction Rehabilitation Projects Conservation Projects
55 101,942 $8,400,000 55 101,942 $23,000,000
Construct a pump station and approximately 60,000
feet of force main to transport sewage from the Glad
Rd area to county property on Paga Mine Rd where it
will be discharged to an existing pump station that
transfers wastewater across the Etowah River to the
4
$0 2.59%
20 Cartersville sewer system.
x
Construct the first phase of the West Bartow publicly-
owned treatment works. This project consists of a 2.0
MGD membrane activated sludge system with ozone
disinfection and land application of aerobically
4
$0 2.59%
20 digested sludge.
x
55 4,350 $2,847,000
50 1,831
$425,000
50 34,127 $2,200,000
50 34,127 $2,800,000
50 2,125 $2,000,000
50 14,755
45
928
$5,500,000 $600,000
Consolidate three existing sewage pumping stations
by constructing new sewers, a pumping station, and a
gravity sewer to send sewage to the Newton County
4
$0 1.59%
20 Water and Sewerage Authority for treatment.
x
Acquire the Roberts Lake property for permanent
3
$0 1.59%
20 green space.
Expand the city's water reclamation facility to meet
7
$550,000 2.59%
20 new permit requirements.
x
7
$700,000 2.59%
Modify the Fort Stewart Wastewater Treatment Plant
20 to meet new permit requirements.
x
Add treatment capacity with the introduction of a
new treatment system and the addition of a new
point discharge. The city currently utilizes a
combination of ponds and LAS to treat its
wastewater. Due to growth in the wastewater
system, the existing treatment facility has reached its
limit. The point discharge will add operational
flexibility to optimize the LAS efficiency and ensure
the LAS is not overwhelmed by excessive flows. The
city has violated the permitted BOD level multiple
times in the last two years. The new treatment
technology will ensure the BOD is treated adequately
5
$0 2.59%
20 and improve overall treatment.
x
Upgrade the North Wastewater Treatment Plant to
6
$0 2.59%
20 increase capacity from 0.52 MGD to 0.84 MGD.
x
9
$210,000 2.59%
20 Extend sanitary sewer system.
x
x x
13
Community
City of Tifton Brunswick-Glynn County Joint Water And Sewer Commission
City of Waycross City of Bainbridge City of Griffin
Attachment 1 Clean Water State Revolving Fund
2019 Comprehensive List
Total Project
Score 2016 Pop.
Cost
Affordability Score
Potential Principal Forgiveness
Est. Interest
Rate
Est. Term
Project Description
Wastewater
Sewer
Sewer
Stormwater
Land
Energy
Treatment Construction Rehabilitation Projects Conservation Projects
35 16,691 $2,000,000
5
30 15,997 $15,000,000
7
30 14,188 $2,000,000
8
25 12,492 $1,100,000
8
25 22,875 $5,000,000
8
2.59% 2.59%
Rehabilitate and replace existing equipment at the
WWTF and replace existing sanitary and storm sewer
pipes, pumps, structures, and other appurtenances.
Portions of the system are at the end of their service
life. All new pipes, pumps, structures, and
appurtenances will be placed in the existing rights-of-
way for streets or utilities. The project will serve only
existing customers, within the existing service area,
20 and will result in no change in the existing land use.
x
Rehabilitate key portions of the Academy Creek
WWTP, the Dunbar Creek WWTP, and the sewer
20 collection system.
x
Rehabilitate and replace wastewater treatment
process equipment, lift stations, and sewer pipeline
equipment. Portions of the system are at the end of
their service life. All new pipes, pumps, structures,
and all other process improvements will be placed in
existing rights-of-way for streets or utilities. The
project will serve only existing customers, within the
existing service area, and will result in no change in
2.59%
20 the existing land use.
x
2.59% 2.59%
Replace five lift stations that were damaged by flooding in 2017, but have been repaired to a mostlyworking status as the city explored the possible options for getting them to 100% working order. No 20 other long-term options exist besides replacement. Replace, repair, and rehabilitate components of the 20 stormwater drainage system.
x
x x
14
Community
City of Sylvester
City of Thomasville Fitzgerald Water, Light & Bond Commission City of Griffin City of Baldwin City of Baldwin Town of Braselton Town of Braselton
Attachment 1 Clean Water State Revolving Fund
2019 Comprehensive List
Total Project
Score 2016 Pop.
Cost
Affordability Score
Potential Principal Forgiveness
Est. Interest
Rate
Est. Term
Project Description
Wastewater
Sewer
Sewer
Stormwater
Land
Energy
Treatment Construction Rehabilitation Projects Conservation Projects
25 6,108 $2,500,000
9
25 18,706 $6,000,000
7
25 9,006 $2,321,000
7
20 22,875 $3,000,000
8
10 3,523 $2,500,000
7
10 3,523
$800,000
7
10 8,409 $1,500,000
3
10 8,409 $1,000,000
3
2.59%
2.59% 1.59% 2.59% 1.59% 2.59% 2.59% 2.59%
Remove sludge from the city's treatment ponds. The
city has two treatment ponds which provide the
initial treatment process for wastewater. Over the
life of the ponds, sludge has accumulated and a
recent sludge judge found that sludge now consumes
over 40% of the pond volume. Over the last few
years, the city had to sandbag the dams of the ponds
to prevent spills in response to excessive rains
associated with extreme weather. The project will
remove, de-water, and dispose of sludge and repair
any pond infrastructure found to be damaged by the
sludge accumulation such as pipe outlets and screens.
The project will restore the ponds to their designated
20 volumes and reduce the risk of sewer overflows.
x
Upgrade the wastewater treatment plant.
Improvements include better media filtration and
process treatment efficiency upgrades. The city's
wastewater plant has been given new permit
requirements that reduce the permissible ammonia
levels significantly. Upgrades will be made to ensure
compliance with the new ammonia limitations
according to the requirements and schedule of the
20 new permit.
x
Rehabilitate approximately 20,000 LF of gravity sewer
at the order of the Georgia EPD. The Commission is in
the 3rd year of the required schedule of
20 improvements.
Engineer, design, and construct a sludge management
facility for the Still Branch Regional Reservoir
Treatment Plant. The project will modify how sludge
20 is currently being treated through land application.
x
Upgrade and replace approximately 3.5 miles of aged
and undersized outfall and interceptor sewers,
20 including manholes and lift stations.
20 Rehabilitate two failing lift stations.
Stabilize approximately 1 mile of the Mulberry River
in order to protect existing utilities and allow the
stream segment currently listed as "non-attaining of
designated use" due to TSS on the 303(d) list to meet
20 its designated use.
Improve drainage on Davis St and Harrison St in order
20 to eliminate siltation and bank erosion.
x
x x
x
x
x
x
15
Town of Braselton
Community
Town of Braselton
Braselton Public Facilities Authority
City of Port Wentworth City of Dillard City of Helen City of Hoschton
City of Jefferson
Attachment 1 Clean Water State Revolving Fund
2019 Comprehensive List
Total Project
Score 2016 Pop.
Cost
Affordability Score
Potential Principal Forgiveness
10 8,409 $1,000,000
3
Est. Interest
Rate
Est. Term
Project Description
Rehabilitate an aged and undersized wastewater
pumping station to reduce potential overflows and
1.59%
20 failures.
Wastewater
Sewer
Sewer
Stormwater
Land
Energy
Treatment Construction Rehabilitation Projects Conservation Projects
x
Extend the reuse water distribution system to existing
water customers, which will displace 30 MG per year
10 8,409
$185,000
3
1.59%
20 of potable water used for irrigation.
x
10 8,409
$450,000
3
10 7,052 $2,400,000
4
10
375
$750,000
6
10
320 $1,100,000
4
10 1,782
$500,000
5
10 9,946 $1,815,000
3
1.59%
1.59% 1.59% 1.59% 1.59%
2.59%
Construct green infrastructure, including wet ponds and associated land acquisition, in order to manage stormwater runoff from downtown Braselton. This project will improve water quality in local streams by capturing, treating, and reducing stormwater runoff and will provide a source of passive recreation for the community. This facility will also serve as a new park 20 for residents and visitors to the downtown area.
Replace approximately 17,700 LF of 8 & 10-inch forcemain with 12-inch forcemain, which will assist in relieving the stress on the Cold Stream lift station No. 2, thereby greatly reducing the probability of future backups and sewer spills in the sewer collection system. The forcemain replacement will increase the flow rate of the pumps in Cold Stream lift station No. 2 from approximately 600 GPM to about 1,050 GPM (individually) and 1,300 GPM (pumps operating in parallel). A 70% increase in flow rate will reduce pump run times, operation and maintenance costs in terms of pump wear, pump starts, and electrical 20 energy consumption.
Rehabilitate and replace approximately 4,300 LF of 20 sewer line that is experiencing I/I problems.
Replace the main lift station, which is aged and undersized, in order to reduce potential overflows 20 and failures. Upgrade and replace existing gravity sewer in order 20 to reduce I/I. Replace the west side wastewater pumping facility that serves most of the western sector of the city. The facility is undersized, as is the forcemain. Moreover, the location of the forcemain route is proposed for relocation into another outfall line that is more capable of handling the existing and 20 anticipated flows.
x
x
x
x
x
x
x
x
x
x
16
City of Jefferson
Community
City of Jefferson City of Statham City of Union Point
Walker County Water and Sewer Authority Town of Braselton Town of Braselton City of Cedartown City of Fort Oglethorpe City of Fort Oglethorpe
Attachment 1 Clean Water State Revolving Fund
2019 Comprehensive List
Total Project
Score 2016 Pop.
Cost
Affordability Score
Potential Principal Forgiveness
10 9,946 $1,420,000
3
Est. Interest
Rate
Est. Term
Project Description
Replace three aged and undersized wastewater
pumping stations to reduce potential overflows and
1.59%
20 failures.
Wastewater
Sewer
Treatment Construction
x
Sewer
Stormwater
Land
Energy
Rehabilitation Projects Conservation Projects
Replace an existing gravity sewer outfall line to
increase the flow capacity to provide adequate
10 9,946
$900,000
3
2.59%
20 capacity for the growing sewer collection basin area.
x
Rehabilitate and replace sewer line that is
10 2,589 $1,900,000
9
1.59%
20 experiencing I/I problems.
x
x
Rehabilitate and replace sewer line that is
10 1,542 $2,000,000
10
1.59%
20 experiencing I/I problems.
x
x
10 68,143 $7,800,000
5
5 8,409 $2,200,000
3
5 8,409 $1,550,000
3
5 9,752
$420,000
10
5 9,613 $2,500,000
4
5 9,613 $2,500,000
4
Construct three sewer pump stations (0.72 MGD, 1.09
MGD, and 1.30 MGD), approximately 47,500 LF of
force main (8-inch, 10-inch, and 12-inch),
approximately 6,200 LF of 18-inch gravity piping, and
wet-weather conveyance upgrades to the existing
gravity interceptors. Improvements to the Walker
County Wastewater Treatment Plant are also
recommended to improve reliability for treating
additional flow, such as new clarifier scraper
2.59%
20 equipment and solids handling processes.
x
x
Redirect wastewater flow in the northwest section of
the service area, and add a central pumping facility to
move wastewater to the new northeast relief sewer
2.59%
20 basin.
x
Extend the reuse water distribution system. The
reuse water system will reduce the drinking water
demand and will provide an alternative to irrigation
1.59%
20 with drinking water.
x
Install three generators at three different locations:
the water treatment plant (Wissahickon Ave), the
clearwell (Prior St), and the wastewater treatment
2.59%
20 plant (Branch St).
x
2.59% 2.59%
Install approximately 6,500 LF of gravity sewer, 2,500 LF of force main, and a lift station. Expand sewer into an economically developing area and provide sewer 20 service in an area with failing septic systems. Rehabilitate approximately 6,500 LF of 6-inch and 8inch sanitary sewer mains through trenchless rehabilitation or conventional rehabilitation by 20 excavation.
x x
17
Community
City of Roswell City of Dillard City of Hoschton Lincoln County Lincoln County City of Sky Valley Town of Braselton
City of Gray City of Kingsland
Attachment 1 Clean Water State Revolving Fund
2019 Comprehensive List
Total Project
Score 2016 Pop.
Cost
Affordability Score
Potential Principal Forgiveness
Est. Interest
Rate
Est. Term
Project Description
Wastewater
Sewer
Sewer
Stormwater
Land
Energy
Treatment Construction Rehabilitation Projects Conservation Projects
5 93,968 $2,400,000
3
5
375
$800,000
6
5 1,782
$500,000
5
5 7,712 $4,000,000
8
5 7,712 $2,080,000
8
5
310 $4,305,000
6
0 8,409
$400,000
3
0 3,281 $2,500,000
3
0 16,411 $2,000,000
4
Implement a variety of stormwater enhancements
along historic Mimosa Blvd using green infrastructure
(GI) best management practices and restoration of
the urban tree canopy. Improvements will provide
improved water quality while mitigating water
quantity and flooding issues where current
stormwater infrastructure is limited or non-existent.
In addition, a project goal is to create intentional
connectivity between two historic areas, Canton St
and the Historic Roswell Square, with enhanced
1.59%
20 pedestrian walkability along Mimosa Blvd.
Construct approximately 8,400 LF of sanitary sewer
2.59%
20 main in the Betty Creek Area.
x
Upgrade the main sewer outfall to provide adequate
2.59%
20 flow for existing and future customers.
x
Extend the wastewater collection system to provide
sanitary sewer to an unserved area that is
2.59%
20 experiencing failing septic systems.
x
Extend the wastewater collection system to provide
sanitary sewer to the Ashmore-Barden area, which is
currently unserved and is experiencing failing septic
2.59%
20 systems.
x
2.59%
20 Address sewer system on-site septic problems.
Construct a regional stormwater detention and
treatment facility. The facility will serve the older
portions of the town and accommodate the ongoing
urban renewal building activities. The facility will
incorporate the latest technologies in urban
2.59%
20 stormwater management
Upgrade the 0.400 MGD wastewater treatment plant
to increase capacity to 0.500 MGD. The proposed
improvements include replacing the existing bar
screen with a new influent screen,
draining, repairing, and painting the aeration basin,
replacing air piping in the aeration basin, replacing
the clarifier drive/arm, replacing air piping in the
digester, adding biofilters, adding a site pump station
and force main, and relocating the chlorine contact
2.59%
20 chamber.
x
Install a new sanitary sewer force main, including a
bore under an interstate, to increase the carrying
2.59%
20 capacity of the city's infrastructure.
x
x
x
x x
18
ATTACHMENT 2 CLEAN WATER STATE REVOLVING FUND ESTIMATED DISBURSEMENT SCHEDULE
LOAN
PROJECT
AMOUNT
Athens_Clarke County Unified Government*
$900,000
City of Baldwin
$4,750,000
City of Norman Park
$5,000,000
City of Blue Ridge
$5,000,000
City of Louisville
$500,000
City of Lavonia
$4,600,000
City of Quitman
$1,250,000
City of Homerville
$2,000,000
City of Pembroke
$1,303,000
City of Vienna
$2,500,000
Lowendes County Board of Commissioners
$2,500,000
City of Toccoa
$4,902,000
TOTAL $ 35,205,000
*Land conservation loan which would have one payment
NOTICE TO
PROCEED 4/30/2019 8/1/2020 12/1/2019 12/16/2019 11/11/2019 11/1/2019 10/1/2019 10/1/2019 10/1/2019 11/8/2019 11/1/2019 1/1/2020
CONSTR. START DATE
7/31/2019 9/1/2020 1/1/2020 1/6/2020 12/11/2019 11/1/2019 10/1/2019 11/4/2019 10/1/2019 1/15/2020 11/1/2019 1/1/2020
TARGET COMPL. DATE
7/31/2019 7/2/2021 7/31/2021 12/18/2020 5/11/2020 12/31/2020 7/31/2020 11/2/2020 7/1/2020 12/31/2020 11/30/2020 12/31/2020
1ST QTR 4/19-6/19
2ND QTR 7/19-9/19 $900,000
$ 900,000
3RD QTR 10/19-12/19
$50,000 $150,000 $300,000 $200,000 $250,000
$250,000
$ 1,200,000
4TH QTR 1/20-3/20
$750,000 $650,000 $250,000 $975,000 $600,000 $550,000 $650,000 $300,000 $625,000 $550,000 $ 5,900,000
1ST QTR 4/20-6/20
$1,200,000 $2,000,000
$200,000 $1,000,000
$200,000 $650,000 $350,000 $700,000 $650,000 $1,000,000 $ 7,950,000
2ND QTR 7/20-9/20
$250,000 $950,000 $1,500,000
$1,900,000 $150,000 $450,000 $53,000 $750,000 $750,000
$2,700,000 $ 9,453,000
3RD QTR 10/20-12/20
$1,500,000 $900,000 $850,000
$575,000
$150,000
$750,000 $225,000 $652,000 $ 5,602,000
4TH QTR 1/21-3/21 $1,250,000 $800,000
$ 2,050,000
TOTAL
DISBURS.
$
900,000
$ 3,000,000
$ 4,600,000
$ 5,000,000
$
500,000
$ 4,600,000
$ 1,250,000
$ 2,000,000
$ 1,303,000
$ 2,500,000
$ 2,500,000
$ 4,902,000
$ 33,055,000
19
Attachment 3--ASAP CWSRF Payment Schedule Clean Water State Revolving Fund
Payment No. 1 2 3 4 5 6 7 8
TOTAL
Attachment 3 ASAP Payment Schedule Clean Water State Revolving Fund
Federal Fiscal Year
Quarter
Date
3rd
4/2019 - 6/2019
4th
7/2019 - 9/2019
1st
10/2019 - 12/2019
2nd
1/2020 - 3/2020
3rd
4/2020 - 6/2020
4th
7/2020 - 9/2020
1st
10/2020 - 12/2020
2nd
1/2021 - 3/2021
Amount ($) $0
$27,138,000 $0 $0 $0 $0 $0 $0
$27,138,000
20
Attachment 4--Estimated Sources and Uses
GEFA Clean Water State Revolving Fund
Attachment 4
Clean Water State Revolving Fund (CWSRF) Sources and Uses
Administered by GEFA
State Fiscal Year July 1, 2019 - June 30, 2020
Sources & Uses
Federal
State
CWSRF
Contribution Contribution Fund
Funding Sources
Loan Repayments (P&I)
37,119,920
Investment Income
2,000,000
Banked Project Disbursements*
2,000,000
400,000
FFY 2019 Capitalization Grant
27,138,000 5,427,600
Total
37,119,920 2,000,000 2,400,000
32,565,600
Total Funding Sources $29,138,000 $ 5,827,600 $ 39,119,920 $ 74,085,520
Funding Uses
Project Disbursements
29,138,000 5,827,600 38,034,400 73,000,000
FFY 2019 Administration
1,085,520
1,085,520
Total Uses $ 29,138,000 $ 5,827,600 $ 39,119,920 $ 74,085,520
*It is projected this amount of funding from the 2018 grant will remain at the end of FY2019. These funds will be spent based on a first-in, first-out approach during the upcoming fiscal year.
21
Attachment 5--CWSRF Administration from Repayment Dollars
GEFA is using repayment dollars to satisfy the administrative costs for the CWSRF. The costs are capped at $1,085,520, which is 4 percent of the allotment. The table below displays how $1,085,520 will be spent to administer the fund as well as ongoing projects.
4 Percent Administration (2019--$1,085,520)
Activity CWSRF Administration
Activity
Activities include project reviews and approvals; planning; project development; information tracking; information gathering and development of the National Needs Survey; project ranking; issuing Notices of No Significant Impacts (NONSI); Categorical Exclusions (CE); construction management; MBE/WBE requirements; project inspections; and assistance with the National Information Management System (NIMS).
Total
Cost Engineering and Technical Support Contract: $288,520 GEFA staff: $797,000
$1,085,520
22
Attachment 6 - 2019 CWSRF Affordability Criteria
Clean Water State Revolving Fund Affordability Criteria Effective September 4, 2018
GEFA's affordability criteria uses data on median household income, unemployment rate, and population trends from the U.S. Census Bureau's American Community Survey. The borrower's data is categorized in percentiles. GEFA will award principal forgiveness to Georgia's most disadvantaged communities.
4. Median Household Income (MHI)
State Percentiles MHI
5. Unemployment Rate
25th Percentile
50th Percentile
75th Percentile
$29,509
$37,108
$47,375
State Percentiles Unemployment Rate
25th Percentile
50th Percentile
75th Percentile
3.30%
4.80%
6.60%
6. Population Trend
The following will be the categories used for determining scoring for change in population from 2010 to 2016. Positive growth or no growth Between -0.01 percent to -1 percent Between -1.01 percent and -2 percent Greater than -2 percent
23
Attachment 7--Ranking Criteria for CWSRF Projects
Georgia Environmental Finance Authority 2019 CWSRF Project Solicitation Project Ranking Criteria
Projects will be rated in three categories to determine eligibility and selection for funding through the Clean Water State Revolving Fund (CWSRF) Program.
CLEAN WATER SRF
Clean Water State Revolving Fund Scoring System 1. Readiness to proceed (maximum of 40 points) 2. Compliance benefit (maximum of 45 points) 3. Project benefits (select all benefits that apply from each category) a. Stormwater management, nonpoint source, and sourcewater protection benefits (maximum of five points) b. Energy conservation, efficiency, and production benefits (maximum of five points) c. Wastewater collection, conveyance, and treatment benefits (maximum of five points)
CWSRF Scoring System Detailed Breakdown
1. Readiness to Proceed (maximum of 40 points) a. State Environmental Review Process (SERP) complete b. SERP in progress c. Compliance with State Nonpoint Source Management Plan verified
40 pts 30 pts 40 pts
2. Compliance Benefits CHECK HIGHEST LEVEL THAT APPLIES (maximum of 45 points) a. Project is needed to fully address deficiencies documented in Emergency or Administrative Order from EPA or EPD (Order #:______________) b. Project will support implementation of a Total Maximum Daily Load (TMDL) plan (applicable TMDL, water body name, and water body ID) c. Project is needed to achieve/maintain compliance with applicable permit (NPDES, LAS, MS4) (Permit #: _______________)
45 pts
45 pts 20 pts
3. Project Benefits (maximum of 25 points for project benefits category)
Stormwater Management, Nonpoint Source, and Sourcewater Protection Benefits
24
(maximum of 10 points) a. Project involves the permanent protection of a wellhead protection or groundwater recharge area or land within a designated Source Water Protection Area. b. Project will reduce nonpoint source pollution and provide passive recreation facilities open for public access. c. Project will allow a stream segment currently listed as "non-attaining of designated use" on either the 303(d) list or the 305(b) list to meet its designated use. d. Project includes permanent protection of stream buffer zones and/or wetlands.
Energy Conservation, Efficiency, and Production Benefits (maximum of five points) a. Project will reduce energy consumption at a wastewater treatment facility and/or collection system by 20 percent or more. b. Project designed to reduce energy consumption by the utility through the replacement of pumps and/or motors, blowers, SCADA equipment, inflow and infiltration correction, lighting upgrades, or other energy savings products or processes. c. Energy management planning projects, including energy assessments, energy audits, optimization studies, and other projects designed to determine high energy use areas.
Wastewater Collection, Conveyance, and Treatment Benefits (maximum of 10 points)
a. Project will allow a stream segment currently listed as "non-attaining of designated use" on either the 303(d) list or the 305(b) list to meet its designated use.
b. Project will allow a facility to attain a level of treatment that is more stringent than secondary treatment or produces a significant reduction in non-conventional or toxic pollutants. (BOD, nitrogen, phosphorus, ammonia, metals, synthetic organic chemicals)
c. Project will reduce sanitary sewer overflows (SSO). d. Project will eliminate leaking/failing septic systems.
* GEFA reserves the right to verify any information submitted within the pre-application.
5 pts 5 pts 10 pts 5 pts
5 pts 5 pts
5 pts
10 pts 5 pts
5 pts 5 pts
25
Attachment 8 - Public Meeting Summary IUP
Georgia Environmental Finance Authority IUP Meeting Minutes Atlanta, Georgia 30303
Tuesday, April 23, 2019 10:00 a.m.
Call to Order The meeting was called to order by Tracy Williams, senior project manager on Tuesday, April 23, 2019, at 10:00 a.m. at the Georgia Environmental Finance Authority (GEFA) boardroom located in Atlanta, Georgia.
GEFA staff present at the meeting were:
Martha Douglas Amanda Carroll Sarah Oken
Public participants present at the meeting were:
None.
Tracy Williams welcomed everyone and introduced the staff in attendance. After discussing the purpose for the public meeting was to present and receive comments on the drafted 2019 Clean Water and Drinking Water State Revolving Funds, she opened the floor for comments.
Comments from Speakers No other comments were made. The meeting was adjourned at 11:00 a.m.
26
Attachment 9 - Loan Program Policies May 2018
GEORGIA ENVIRONMENTAL FINANCE AUTHORITY
1. PURPOSE
The Georgia Environmental Finance Authority (GEFA) provides affordable financing to local governments throughout Georgia to develop environmental infrastructure that protects public health, preserves natural resources, and promotes economic development. GEFA sustains this mission through effective, efficient, and prudent management of these public resources.
2. APPLICABILITY
Loan program policies govern the use of funds managed within the:
Georgia Fund, Georgia Reservoir Fund, Clean Water State Revolving Fund (CWSRF), and Drinking Water State Revolving Fund (DWSRF).
3. SUB-PROGRAMS
Georgia Fund
Emergency Loan Program The GEFA executive director has the authority to approve emergency loans to assist communities with financing improvements that are necessary to eliminate actual or potential public health hazards. Emergency loans are ratified at the next scheduled board meeting. The applicant must determine and document the emergency nature of the project and apply O.C.G.A. Section 36-91-22(e), which outlines the local government actions needed to classify a project as an emergency. Relevant terms are addressed in these policies.
4. ELIGIBLE RECIPIENTS
Type of Entity
GEFA can provide financing to the following entities: o Local governments and instrumentalities of the state, o Municipal corporations, o County or local water, sewer, or sanitary districts, 27
o State or local authorities, boards, or political subdivisions created by the General Assembly or pursuant to the Constitution and laws of the state, and
o Nongovernmental entities with an approved land conservation project.
Minimum Recipient Qualifications
Qualified Local Government Municipalities and counties must be certified as Qualified Local Governments by the Georgia Department of Community Affairs (DCA).
Service Delivery Strategy Municipalities, counties, and authorities must be included in a DCA-verified Service Delivery Strategy. The project for which an applicant seeks financing must be consistent with the verified strategy.
State Audit Requirements Municipalities, counties, authorities, and nongovernmental entities must be in compliance with state audit requirements.
Metro Plan Compliance Municipalities, counties, and authorities located within the Metropolitan North Georgia Water Planning District (MNGWPD) can receive GEFA financing if the director of the Georgia Environmental Protection Division (EPD) has certified that the applicant/recipient is in compliance or is making a good faith effort to comply with all MNGWPD plans and/or enforcement measures.
Updated Building Codes Municipalities and counties must adopt and enforce O.C.G.A. Section 8-2-3 relating to the installation of high-efficiency plumbing fixtures.
Current Loan Agreements A current GEFA borrower can receive additional GEFA financing only if the borrower is in compliance with the existing credit documents, e.g., loan agreement and promissory note.
Nongovernmental Entities Nongovernmental entities must be a nonprofit organization with a primary purpose of permanently protecting or conserving land and natural resources, as evidenced by their organizational documents and consistent with O.C.G.A. Section 12-6A-2(9.1).
5. ELIGIBLE PROJECTS
GEFA's loan programs provide financing for a broad range of water, wastewater, sewer, stormwater, nonpoint source pollution prevention, land conservation, and solid waste projects. Specific project eligibility varies by program. The types of projects eligible for financing in each program and the minimum project requirements are listed below.
Georgia Fund May finance projects consistent with O.C.G.A. Section 50-23-4 to: o Supply, distribute, and treat water o Collect, treat, or dispose of sewage or solid waste
Georgia Reservoir Fund May finance projects consistent with O.C.G.A. Section 50-23-28 to: o Expand the capacity of existing reservoirs or other sources for water supply o Establish new reservoirs or other sources for water supply
CWSRF May finance projects consistent with the federal Clean Water Act to: o Construct municipal wastewater facilities o Control nonpoint source pollution, including projects that permanently protect conservation land as defined by O.C.G.A. Section 12-6A-2(5) 28
DWSRF May finance projects consistent with the federal Safe Drinking Water Act to: o Install or upgrade facilities to improve drinking water quality or pressure, protect water sources, and provide storage create or consolidate water systems
Minimum Project Eligibility Requirements Under the Federal State Revolving Fund Programs
In addition to meeting the other applicable eligibility requirements outlined in these policies, projects receiving funding through the CWSRF or DWSRF must comply with applicable federal statutes, rules, and regulations. These requirements include, but are not limited to:
Each project must be included in an Intended Use Plan submitted by GEFA to the U.S. Environmental Protection Agency (EPA).
Each project must successfully complete the State Environmental Review Process, which is administered by EPD, and receive a Notice of No Significant Impact or Categorical Exclusion.
Each recipient must certify compliance with Title VI of the Civil Rights Act by completing EPA Form 4700-4.
Each DWSRF project and CWSRF treatment works project must comply with applicable federal procurement and labor rules, including Disadvantaged Business Enterprise utilization, Equal Employment Opportunity, the Davis Bacon Act, and requirements that may arise in future federal law or future federal assistance agreements.
Each DWSRF project and CWSRF treatment works project must incorporate iron and steel products produced in the U.S. ("American Iron and Steel Requirement").
Each CWSRF treatment works project must certify that a Fiscal Sustainability Plan has been developed and is being implemented for the project or certify that a Fiscal Sustainability Plan will be developed and implemented for the project.
6. ELIGIBLE ACTIVITIES
Recipients of GEFA financing may use GEFA funds for the following activities related to an eligible project:
Feasibility analysis Project design Construction, grading, site preparation, dredging, etc. Land and easement acquisition needed for project implementation Stream or wetland mitigation Administrative and/or legal services System purchase
Engineering, Legal, and Administrative Costs GEFA funds may be utilized for engineering, design, administrative costs, facilities planning, and land acquisition provided that these costs are necessary for the completion of the project defined by the scope of work and identified in the budget of the approved loan agreement. Such eligible costs incurred prior to the execution of a loan agreement are eligible for reimbursement with a GEFA loan. GEFA also offers engineering-only loans for these preliminary soft costs needed to facilitate the construction of an eligible project. GEFA will review and apply a standard to all project budgets.
29
Purchase of Existing Systems An application that proposes to purchase an existing water and/or wastewater system must be accompanied by a certification of the value of the system by a registered professional engineer. GEFA will require other information as needed to document the content and costs of the purchase.
GEFA's loan agreement provides additional information about activities for which a borrower may or may not use GEFA funds.
7. PROGRAM MAXIMUMS
Loans available from GEFA are subject to the following maximums.
Georgia Fund
The maximum loan amount is $3,000,000 per borrower per year. The maximum loan amount for emergency loans is $500,000 per project. The standard amortization period is 20 years or the useful life of the project.
Georgia Reservoir Fund
The maximum loan amount will be determined based on availability of funds. The length of the amortization period shall be determined on a case-by-case basis consistent with
O.C.G.A. Section 50-23-28. The maximum amortization period is 40 years.
CWSRF
The maximum loan amount is $25,000,000 per borrower per year. The maximum loan amount for engineering loans is $2,000,000 per project. The maximum amortization period is 30 years not to exceed the useful life of the project.
DWSRF
The maximum loan amount is $25,000,000 per borrower per year. The maximum loan amount for engineering loans is $2,000,000 per project. The maximum amortization period is 30 years for communities designated as "disadvantaged" based on
GEFA's affordability criteria not to exceed the useful life of the project.
8. INTEREST RATES
GEFA indexes its interest rates to the true interest cost (to the nearest hundredth of one percent) received by the state on its 20-year, competitively-bid, general obligation bond issue. This is GEFA's benchmark rate; however, the interest rate adjustments described below may apply.
Federal Loans For CWSRF and DWSRF loans, GEFA will charge an interest rate that is 50 basis points (0.50
30
percent) below GEFA's benchmark rate.
Interest Rate Concessions GEFA provides the following interest rate concessions for eligible borrowers or eligible projects under the specified funding programs. Interest rate concessions shall not be used in combination.
WaterFirst Communities that receive the WaterFirst designation may receive an interest rate 100 basis points (1 percent) below the prevailing interest rate for the program through which it is to be funded.
PlanFirst Communities designated as a PlanFirst Community may receive an interest rate 50 basis points (0.50 percent) below the prevailing interest rate for the program through which it is to be funded.
Conservation Communities seeking financing for eligible energy, land, or water conservation projects may receive an interest rate 100 basis points (1 percent) below the prevailing interest rate for the program through which it is to be funded as outlined in GEFA's Water Conservation Financing guidance.
Special Loan Terms The GEFA board may approve loans with different interest rates or specialized terms, e.g., principal forgiveness, consistent with specific program objectives and/or relevant federal requirements.
9. FEES
GEFA may assess certain fees to loan recipients.
Origination Fee GEFA will charge an origination fee of 1 percent pursuant to the loan agreement.
Loan Servicing Fees Under specific circumstances, GEFA may charge the following loan servicing fees:
GEFA may assess a non-sufficient funds fee (NSF) if the borrower fails to have sufficient funds in its designated bank account at the time the payment is drafted. The payment due may be for any type of payment due under the credit documents including origination fees, construction interest, monthly principal and interest payments, or any other fee. GEFA will charge the NSF fee to the borrower for each loan for which payment is due and not available.
GEFA may assess a late fee for any payment not received by the 15th of the month in which the payment is due. This will be in addition to any NSF fees assessed in the same month.
GEFA may assess a monthly Loan Continuation Fee in the event the borrower fails to draw funds within six months (180 days) of loan agreement execution.
For details about the fees, refer to the Loan Servicing Fee Schedule available at gefa.georgia.gov/loandocuments.
10. LOAN SECURITY
GEFA requires a revenue and full-faith-and-credit pledge of each borrower and any other special loan condition it may deem necessary, e.g., debt service reserve, etc. For borrowers, such as authorities, that lack taxation authority or lack adequate taxation authority to provide a full-faith-and-credit pledge equal to the value of the loan, GEFA will require those borrowers to sign an agreement with a local government that is willing and able to
31
provide a full-faith-and-credit pledge to back the loan. In cases where the borrower is unable to secure such an agreement, GEFA may require additional security by other means.
13. RELEASE OF GEFA FUNDS DURING CONSTRUCTION
GEFA monitors construction and endorses GEFA payments in accordance with the loan agreement. To allow monitoring, the loan or grant recipient must notify GEFA prior to commencing construction.
14. LOAN EXECUTION DEADLINE
If the loan agreement is not fully executed within six months (180 days) from the date of board approval, GEFA reserves the right to terminate its commitment.
15. LOAN RESTRUCTURING
Loan restructuring is the changing of terms and/or conditions of an existing loan. The range of restructuring options may include adjusting the interest rate of a loan, changing the amortization period of a loan, or changing the repayment schedule to adjust allocation between interest and principal. GEFA will consider a borrower's request to restructure its existing GEFA loan(s) on a case-by-case basis if the borrower is experiencing financial hardship. In evaluating a restructuring request, GEFA will consider at a minimum the following indicators of financial hardship:
The borrower's debt service coverage ratio history. The type and extent of efforts undertaken by the borrower to improve its financial condition, including
enhancing revenues from rate increases or raising of ad valorem taxes and/or reducing costs. Emergency or exigent circumstances beyond the control of the borrower that impose a long-term and
severe financial hardship.
Under no circumstances will loan principal be forgiven.
16. LOAN REFINANCING
Loan refinancing uses loan funds to pay off an existing debt obligation, thereby satisfying the terms of the existing debt agreement and cancelling the existing obligation. GEFA will consider requests to refinance existing GEFA debt on a case-by-case basis if one of the following conditions is met:
The community is requesting a loan from GEFA to finance an eligible, time-sensitive, and critical project, but needs to consolidate existing GEFA debt into the new loan to afford the new project.
The community has an engineering loan it would like to refinance with the proceeds of a construction loan from GEFA, thereby combining the engineering loan and the construction loan into one loan.
17. CREDIT ANALYSIS
GEFA requires a minimum debt service coverage of 1.05 times in the first year of repayment and each subsequent year of the outstanding GEFA debt.
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