Posted: Wednesday, August 27th 2014 at 8:40am
State loan to enable Braselton to treat Oakwood wastewater
By Ken Stanford Staff
ATLANTA - A nearly $2 million loan from the state will enable Braselton to treat wastewater from Oakwood.
The loan is one of several announced Tuesday by the Georgia Environmental Finance Authority (GEFA) to cities and counties in the state totaling $73 million. In addition to Braselton, other recipients in northeast Georgia include the cities of Bowersville, Baldwin and Clayton and Towns, Hart and Lumpkin counties.
Braselton is getting $1.8 million to use in replacing the Mulberry Interceptor sewer, a 10-inch line constructed in 1986, and extend sewer service along Georgia Highway 53 North, allowing the city to collect and treat wastewater flows from the city of Oakwood.
The project will provide sewer service to an area has with a history of septic system failures, according to GEFA. Braselton will pay 1.03 percent interest for 20 years. Braselton is eligible for a reduced interest rate since the town is designated as a WaterFirst Community by the Georgia Department of Community Affairs.
The total project cost is $3.5 million and Braselton has received $292,500 from the Appalachian Regional Commission, as well as $1.4 million in Oakwood capacity fees.
Project and loan details involving other northeast Georgia cities and counties::
Town of Bowersville
The $96,673 Georgia Fund loan will finance installing a water line along West Main Street to service new industry west of the town. The project will include installing approximately 3,700 linear feet of 6-inch PVC water line and three fire hydrants. Bowersville will pay 3.03 percent interest on the 20-year loan. The total project cost is $137,473, with Bowersville receiving $40,800 from the OneGeorgia Authority.
City of Baldwin
The $1,634,000 DWSRF loan will finance constructing a new 500,000 gallon elevated storage tank that will replace an existing 100,000 gallon ground storage tank, service and paint existing storage tanks, construct a booster pump station, and install pressure-reducing valves in the distribution system.
Baldwin will pay 2.03 percent interest on the 20-year loan, which includes principal forgiveness of up to $397,000, if all loan funds are drawn. The total project cost is $2,134,000, including $300,000 from the Appalachian Regional Commission and $200,000 from the OneGeorgia Authority.
City of Clayton
The $2,000,000 CWSRF loan will finance rehabilitating the cityís sewage collection system, including replacing manholes, smoke testing, flow metering, and pipe replacement and rehabilitation.
The project will also address a significant portion of the inflow and infiltration occurring within the collection system, and reduce energy consumption at the cityís wastewater pumping and treatment facilities.
The $750,000 DWSRF loan will finance rehabilitating and replacing existing lines within the cityís water distribution system, which will help address high-level water loss in the cityís distribution system.
Clayton will pay 1.03 percent interest on the 20-year CWSRF loan, which includes principal forgiveness of up to $200,000, if all loan funds are drawn. The loan qualifies for a reduced interest rate because itís an eligible energy conservation project. The total cost for the CWSRF project is $2,000,000 with GEFA providing the entire amount.
Hart County Water and Sewer Utility Authority (WSA)
The $2,000,000 DWSRF loan will finance extending water lines to residents in the Bethany Church area in southwest Hart County. They are not currently served by a public water system. Hart County WSA will pay 0.52 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 $2,000,000 with GEFA providing the entire amount.
Lumpkin County Water & Sewerage Authority (WSA)
The $1,000,000 DWSRF loan will finance constructing a new water supply well, rehabilitating an existing water storage tank, and constructing 12-inch piping to connect the storage tank to the existing distribution system. The Lumpkin County WSA will pay 2.03 percent interest on the 20-year loan, which includes principal forgiveness of up to $250,000, if all loan funds are drawn. The total project cost is $1,300,000 with the Appalachian Regional Commission providing $300,000.
Towns County Water & Sewer Authority (WSA)
The $3,200,000 DWSRF loan will finance rehabilitating the existing water distribution system, which includes replacing water lines and booster pump stations. The Towns County WSA will pay 2.03 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 $3,200,000 with GEFA providing the entire amount.
In all, the GEFA borad of directors awared 19 Georgia communities financing Tuesday for water, sewer, solid waste and wastewater infrastructure improvements. The money for the loans comes from a federal program administered by GEFA. In January 2011, Gov. Nathan Deal directed GEFA to develop and launch the program and committed $300 million to it over four years.
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