More Than $15.1 Million In Water And Wastewater Construction Loans Awarded

Low-Interest Loans Help Fund Infrastructure Improvements

Wednesday, March 26, 2014

Tennessee Governor Bill Haslam and Department of Environment and Conservation Commissioner Bob Martineau Wednesday announced that five communities, two utility districts and two water/wastewater authorities have been approved to receive more than $15.1 million in low-interest loans for water and wastewater infrastructure improvements.  Hamilton County WWTA received a $6 million loan. 

“I am pleased to see local governments using this important program to help address critical drinking water and wastewater needs, making infrastructure improvements that will benefit the health of these communities and foster economic growth,” Governor Haslam said.

The State Revolving Fund Loan Program provides low-interest loans that help communities, utility districts, and water and wastewater authorities finance projects that protect Tennessee’s ground and surface waters and public health. Loans are used to finance the planning, design and construction of water and wastewater facilities. 

Through the SRF Program, communities, utility districts, and water and wastewater authorities can obtain loans with lower interest rates than most can obtain through private financing. Interest rates for loans can vary from zero percent to market rate based on each community’s economic index. Loans utilizing EPA grant funds include a principal forgiveness component for water and wastewater projects.

“The State Revolving Fund Loan Program is a community investment to help maintain environmental and public health, while keeping local communities moving forward as they prepare for future needs,” Commissioner Martineau said.

The Department of Environment and Conservation administers the SRF Loan Program for the state of Tennessee in conjunction with the Tennessee Local Development Authority. The U.S. Environmental Protection Agency provides grants to fund the program, and the state provides a 20 percent match. Loan repayments are returned to the program and are used to fund future SRF loans. 

The funding order of projects is determined by the SRF Loan Program’s Priority Ranking Lists that rank potential projects according to the severity of their pollution and/or compliance problems or for the protection of public health.

Wastewater Loans were announced Wednesday for the following recipients:

Anderson County Water Authority (Union County) - The Anderson County Water Authority will receive $3,512,571 for the project that includes installation of six sanitary sewer pumping stations and approximately 74,000 linear feet of eight-inch diameter force main. The project will be funded with a 20-year, $2,810,057 loan with an interest rate of 0.70 percent and $702,514 in principal forgiveness that will not have to be repaid. 

City of Pegram (Cheatham County) - The city of Pegram will receive $449,000 for a project that includes wastewater treatment plant and land application improvements. The project will be funded with a 20-year, $426,550 loan with an interest rate of 0.95 percent and $22,450 in principal forgiveness that will not have to be repaid.

Drinking Water Loans were announced today for the following recipients:

Town of Halls (Lauderdale County) - The town of Halls will receive $723,258 for a project that includes Green-Water meter replacement. The project will be funded with a 20-year, $578,606 loan with an interest rate of 0.64 percent and $144,652 in principal forgiveness that will not have to be repaid. 

City of Livingston (Overton County) - The city of Livingston will receive $800,000 for a project that includes water treatment improvements. The project will be funded with a 20-year, $520,000 loan with an interest rate of 1.64 percent and $280,000 in principal forgiveness that will not have to be repaid.

City of Jellico (Campbell County) - The city of Jellico will receive $750,000 for a project that includes Green-Water line installation. The project will be funded with a 20-year, $600,000 loan with an interest rate of 0.23 percent and $150,000 in principal forgiveness that will not have to be repaid.

Poplar Grove Utility District (Tipton County) - The Poplar Grove UD will receive $800,000 for a project that includes Green-Water meter replacement and WTP improvements. The project will be funded with a five-year, $520,000 loan with an interest rate of 0.0 percent and $280,000 in principal forgiveness that will not have to be repaid. 

25 Utility District (Smith County) - The 25 UD will receive $522,390 for a project that includes water distribution system improvements. The project will be funded with a 20-year, $417,912 loan with an interest rate of 0.91 percent and $104,478 in principal forgiveness that will not have to be repaid.

Traditional Wastewater Loans were announced Wednesday for the following recipients:

Hamilton County WWTA (Hamilton County) - The Hamilton County WWTA will receive $6 million for a project that includes infiltration and inflow corrections. The project will be funded with a 20-year loan with an interest rate of 1.86 percent. 

Union City (Obion County) - Union City will receive an increase of $1.4 million to an existing $1.75 million, 20-year loan which brings the total to $3.15 million with an interest rate of 1.17 percent for a project that includes wastewater treatment plant improvements.

A Traditional Drinking Water Loan was announced Wednesday for the following recipient:

City of Livingston (Overton County) - The city of Livingston will receive a $200,000, 20-year loan with an interest rate of 1.64 percent for water treatment improvements. 

Since its inception in 1987, Tennessee’s Clean Water State Revolving Fund Loan Program has awarded more than $1.5 billion in low-interest loans. Since its inception in 1996, Tennessee’s Drinking Water State Revolving Fund Loan Program has awarded more than $220 million in low-interest loans. Both programs combined award more than $80 million annually to Tennessee’s local governments for water and wastewater infrastructure projects.

Any local government interested in the SRF Loans should contact the State Revolving Loan Fund Program, Tennessee Tower, 12th Floor, 312 Rosa L. Parks Avenue, Nashville, TN 37243, or call 615.532-0445. Additional information about the SRF Loan Program may be found online at

http://www.tn.gov/environment/water/fund.shtml.  

Alexander: Army Corps Of Engineers Is Federal Government’s Most Popular Agency

United States Senator Lamar Alexander Wednesday said in a hearing to review the President’s FY2018 budget request for the U.S. Army Corps of Engineers that based on appropriations requests, “the Corps of Engineers is the federal government’s most popular agency.”  Senator Alexander, chairman of the Senate Appropriations Subcommittee on Energy and Water Development, Wednesday ... (click for more)

Donna Christian Lowe Chosen To Emcee And Facilitate Causeway Challenge Kickoff

Donna Christian Lowe, senior vice president and COO of MSi Workforce Solutions has been chosen to be the emcee and facilitator at the Causeway Challenge Kickoff “Reclaiming Civic Engagement”. This year the Causeway Challenge is about empowering individuals to solve problems in their own communities through creative ventures.   Ms. Lowe was selected to facilitate this event ... (click for more)

Young Woman Suffers Serious Injuries In 30-Foot Fall At Quarry At Greenway Farms

A young woman was seriously injured on Wednesday night  when she fell approximately 30 feet from a bluff at the the Greenway Farms quarry in Hixson.   Some kayakers were paddling in the quarry shortly after  8 p.m. when they saw the woman fall to the ground below. They immediately went over to the victim and called 911. The Chattanooga Fire Department ... (click for more)

Walker County Taking Out Another Loan To Deal With Debts Left By Bebe Heiskell Administration

Walker County officials said they are having to take out another loan to deal with debts left by the Bebe Heiskell administration. Commissioner Shannon Whitfield has called a special meeting for Thursday at 2 p.m. at the commissioner's office in Lafayette. The agenda includes a $4 million tax anticipation note from Lafayette Bank, which stepped in to help the new administration ... (click for more)

CPS Should Have A Manned 24/7 Presence In Every County

This week something became abundantly clear to me. The Department of Child Protective Services in the state of Tennessee, or at least in Hamilton County, are asleep at the wheel.   Early yesterday afternoon local news stations broke the news: "Animals Removed from Soddy Daisy Home."  What the news station either didn't know, or didn't report, was that the children of ... (click for more)

Roy Exum: Heroes Gather On July 14

Oliver North, whose journey as American patriot has not been an easy one, never lost hope. He once admitted he lied to Congress under oath, was found guilty of three felony counts after he followed the direct orders of his superiors, and then endured the wrath of the ignorant before the ACLU – of all sources – had the charges vacated. The former Lt. Colonel in the Marine Corps ... (click for more)