Environment DEC
From the June 2003 issue
Governor Announces $9 Million for Water Projects
New York State will grant more than $9 million in interest-free loans to six municipalities for drinking water and wastewater projects. The financing is being provided through the Drinking Water and Clean Water State Revolving Funds (SRFs).
Drinking Water SRF
The Drinking Water SRF offers a significant financial incentive for public water suppliers to finance needed drinking water infrastructure improvements with grants, and short-term interest-free and long-term low-interest rate loans. Since the Drinking Water SRF's inception, more than $128 million in grants and $894 million in reduced interest rate financing have been awarded for drinking water improvement projects throughout New York State.
Clean Water SRF
The Clean Water SRF offers short-term interest-free loans and long-term reduced interest rate financing for eligible water pollution prevention projects. Communities throughout the state have used a total of $8.6 billion in Clean Water SRF low-interest financing for projects that prevent water pollution.
Drinking Water SRF interest-free, long-term loan
Village of Phoenix, Oswego County
$4,283,592 - Finances new groundwater source to provide quality drinking water, and new transmission main and storage tank. Project completion expected in July 2003.
Village of Athens, Greene County
$2,242,000 - Finances water filtration plant, transmission main and distribution system improvements to bring the plant into compliance with State standards. Project completion expected in June 2004.
Town of Callicoon, Sullivan County
$450,000 - Finances construction of a new well for an improved water source and upgrades to the distribution system in the Youngsville Water District. Project completion is expected by the end of May 2003.
Town of Cape Vincent, Jefferson County
$180,286 - Finances installation of new transmission main that serves the Hamlet of Rosiere to replace insufficient individual rock wells.
Clean Water SRF interest-free, short-term loan
Village of Dolgeville, Herkimer County
$1,650,000 - Finances sewage treatment plant improvements to meet secondary treatment standards and permit effluent limits. Project completion expected in October 30, 2003.
Clean Water SRF interest-free, long-term loan
Village of Lyons Falls, Lewis County
$245,330 - Covers additional costs associated with the planning, design and construction of collection sewers and a wastewater treatment plant, which prevents sewage from being discharged into the Black River.
