TDEC Announces $1.3 Million In Wastewater Construction Loans For Cleveland

Friday, June 29, 2018

Tennessee Governor Bill Haslam and Tennessee Department of Environment and Conservation (TDEC) Commissioner Dr. Shari Meghreblian on Friday announced that the City of Cleveland has been approved to receive approximately $1.3 million in low-interest loans for wastewater infrastructure improvements.

 

“This is great news for the people of Cleveland and Bradley County,” said Governor Haslam.

“This critical infrastructure support will lead to increased water quality for years to come.”

 

The city will receive $1,000,000 for a Collection System Expansion Project. The project is funded with a 20-year, $900,000 loan with an interest rate of 1.56 percent and $100,000 in principal forgiveness that will not have to be repaid. The City will also receive $350,500 for the Collection System Expansion Project, funded by a 20-year loan with an interest rate of 1.56 percent.

 

“Clean water is one of our most valuable resources and this investment helps ensure Bradley County’s most populated city will have the access it needs,” said Dr. Meghreblian. “TDEC is pleased to help make this public infrastructure project a reality for Cleveland.”

 

The Collection System Expansion Project will consist of the installation of approximately 7,750 linear feet of sewer lines to replace septic tanks to serve customers in an annexed area between South Lee Highway and I-75 Exit 20.

 

“These loans come at an amazing time for the City of Cleveland,” said Mayor Tom Rowland. “The Spring Branch Industrial Park should be completed by mid-July, so we expect even more excitement for our area. Knowing the state of Tennessee is doing its part to help Cleveland’s success is a great lasting legacy for our city and its residents.”

 

Tennessee’s Clean Water State Revolving Fund Loan Program has awarded more than $2 billion in low-interest loans since its inception in 1987. Tennessee’s Drinking Water State Revolving Fund Loan Program has awarded more than $304.82 million in low-interest loans since its inception in 1996.

 

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 can include a principal forgiveness component.

 

TDEC administers the SRF Program 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 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.

 

Any local government interested in a SRF Loan should contact the State Revolving Fund Loan Program, Tennessee Tower, 12th floor, 312 Rosa L. Parks Ave., Nashville, TN 37243, or call (615) 532-0445. Additional information may be found online at https://www.tn.gov/environment/program-areas/wr-water-resources/water-quality/state-revolving-fund-program.html


New Hamilton County Business Licenses

Filling Out Census Can Pay Dividends For Whitfield County For Next 10 Years

Chattanooga Chamber Calendar Of Events May 25-30


Here are the new business licenses from the County Clerk's office: 503 CONSTRUCTION MAURICIO A IRAHETA 1151 HURRICANE CREEK RD CHATTANOOGA TN 37421 ART FOR LIFE BLUEPRINT JENNIFER H STRICKLER ... (click for more)

A leader with the 2020 Census is urging Whitfield County residents to be sure to fill out their Census forms, saying it could pay financial dividends for the next 10 years. “Our most important ... (click for more)

May 25, ONLINE - Don't Throw Your Vision Out with the Pandemic 5:30-7:30 p.m. Needless to say 2020 is not what we expected it to be. Join us as we take a look at the visions that we set for ... (click for more)



Business

New Hamilton County Business Licenses

Here are the new business licenses from the County Clerk's office: 503 CONSTRUCTION MAURICIO A IRAHETA 1151 HURRICANE CREEK RD CHATTANOOGA TN 37421 ART FOR LIFE BLUEPRINT JENNIFER H STRICKLER 8115 E BRAINERD RD STE 13 CHATTANOOGA TN 37421 CARDWELL CANING ROBERT T CARDWELL 4409 CUMMINGS HWY CHATTANOOGA TN 37419 CEMPLEX GROUP GEORGIA, LLC NATHAN SHIRLEY 2480 WEAVER ... (click for more)

Filling Out Census Can Pay Dividends For Whitfield County For Next 10 Years

A leader with the 2020 Census is urging Whitfield County residents to be sure to fill out their Census forms, saying it could pay financial dividends for the next 10 years. “Our most important mission is to count everyone where they are, to ensure that their jurisdiction receives all of the funding based on their population,” Tracey Monroe Sr., partnership specialist with ... (click for more)

Breaking News

Hamilton County Adds Another 54 Coronavirus Cases; Tennessee Has 2 More Deaths

Hamilton County has added another 54 coronavirus cases, moving the total to 694, the local Health Department reported on Memorial Day. The county remains at 14 deaths. As of Friday, there were 12 coronavirus patients in Intensive Care in local hospitals - the highest number yet. Of the cases, the highest number was among Hispanics - 296. Non-Hispanic was 215 and not yet ... (click for more)

Silverdale Detention Center CoreCivic Employee Tests Positive For COVID-19

On Friday a CoreCivic employee who works at the Silverdale Detention Center tested positive for COVID-19 after a close family member tested positive. The employee was tested Thursday as a precautionary measure. CDC recommended guidelines are being utilized at the Silverdale facility to assure the safety and well-being of all staff and inmates. Jail personnel are also currently ... (click for more)

Opinion

Memorial Day Remembrance 2020

Perhaps the terrible toll that has engulfed the greater world community due to the black wave known as COVID 19 brings about an urgent sense of reflection and recollection on the true meaning of Memorial Day. One of the earliest commentaries was provided by Frederick Douglass at Arlington National Cemetery on Decoration Day 1871. He would extol to the crowd to never forget ... (click for more)

Roy Exum: Memorial Day, 2020

There is an old Indian proverb that is perhaps my favorite when word reaches me than a man or a woman in uniform perished in combat. On this day where we honor those who died while defending our country’s freedom, I am always reminded, “Good men must die, but death cannot take their names.” Any one who has ever stood post, knows well of the huge risks, the God-wretched intangibles ... (click for more)