ENB - STATEWIDE NOTICES

Public Notice
ENVIRONMENTAL FACILITIES CORPORATION
NOTICE OF FINAL DESCRIPTION OF ELIGIBLE PROJECT CATEGORIES
FINANCIAL ASSISTANCE TO BUSINESS WATER PROGRAM

I. BACKGROUND, SCOPE AND APPLICABILITY

The Environmental Facilities Corporation (EFC), through its Financial Assistance to Business (FAB) Water Program, proposes to provide funding: 1) to businesses and to water suppliers on behalf of businesses for all projects that will create, improve or extend water supply facilities that are designed to comply with applicable federal laws and state drinking water supply requirements; and 2) to businesses and municipalities on behalf of business for projects that will create, improve or extend wastewater treatment facilities that are designed to comply with applicable federal and state water quality requirements. This funding will be made pursuant to the newly created Water Program within the existing Financial Assistance to Business (FAB) Program that was created by the Clean Water/Clean Air Bond Act of 1996, and implementing regulations (21 NYCRR Part 2606). All eligible projects must demonstrate an environmental or public health benefit.

The FAB Water Program isintended to help businesses and water suppliers on behalf of businesses, increase the availability and improve the quality of water supplies, and to help businesses and municipalities on behalf of business to increase the availability and improve the quality of wastewater treatment facilities.

Assistance from the FAB Water Program will be available only to projects that are located in villages, towns and cities with a population of less than one million people.

II. PURPOSE OF THIS NOTICE

As required by Part 2606, this notice describes eligibility requirements for the FAB Water Program, the amount of funding available, the time period during which EFC will accept applications for funding, and certain other eligibility criteria.

III. DEFINITIONS

Unless defined herein, terms used in this notice shall have the meanings set forth in Section 56-0101 of the Environmental Conservation Law, or 21 NYCRR Part 2606. Terms used in this notice have the following meanings:

"Water supply project" means the planning, design, construction, improvement or acquisition of facilities, equipment, sites or buildings for the supply, control, treatment, distribution and transport of water supplies to ensure the integrity and quality of such water, including compliance with the federal Safe Drinking Water Act and other applicable federal and state drinking water supply standards.

"Wastewater Treatment Facility" means the planning, design, construction, improvement or acquisition of facilities, equipment, sites or buildings needed to reduce or prevent water pollution, including compliance with the federal Clean Water Act and other applicable federal and state water quality standards.

IV. DESCRIPTION OF ELIGIBLE PROJECTS

Projects eligible for funding under the FAB Water Program must demonstrate an environmental or public health benefit, and may include investments to construct, upgrade, improve or replace infrastructure which will provide to businesses: 1) water supplies which meet the requirements of the federal Safe Drinking Water Act and other applicable federal and state water supply requirements; or 2) wastewater treatment facilities which meet the requirements of applicable federal and state water quality requirements. Some other examples include:

Water Supply Projects:

Wastewater Treatment Projects:

V. PROJECT SELECTION

VI. PROJECT COMPLETION DATE

All projects for which FAB Water money is awarded must be commenced within three (3) years of the signing of a contract between EFC and the project owner.

VII. AMOUNT OF FUNDING

EFC will make State Assistance Payments for not more than 75% of the cost of an eligible project on a reimbursement basis. EFC may award less than 75% of the cost of a project based upon a determination that the amount of the award will allow the project to proceed, given other sources of funding.

VIII. APPLICATION SCHEDULE

EFC will accept applications for State Assistance Payments under the FAB Water Program through January 25, 2001. Applications are available at the address listed below or on EFC's website, www.nysefc.org.

IX. ADDITIONAL REQUIREMENTS

(1) Project Limitations.
All recipients must pledge not to remove from the state any assets purchased with funds received from the FAB Water Program.

(2) Application Procedure
The procedures for administering the FAB Water Program, including the submission, review and approval of requests for State Assistance, will be governed by 21 NYCRR Part 2606.

X. INFORMATION AVAILABILITY

Any person seeking additional information or application material should contact EFC at:

New York State Environmental Facilities Corporation
Financial Assistance to Business Program
Attention: Laurie A. Allen, Program Manager
50 Wolf Road
Albany, New York 12205-2603
Telephone: (800) 200-2200
Fax: (518) 457-0742
E-mail: www.nysefc.org.whatsnew