Chattanooga, Cleveland Get Wastewater Loans From TDEC

Tuesday, February 19, 2019

Five communities, including Chattanooga and Cleveland, will receive $66.8 million in low-interest loans for clean water and drinking water infrastructure improvements from TDEC.

The city of Chattanooga will receive two loans totaling $24 million for inflow and infiltration correction for Dobb Branch Sewer improvements and inflow and infiltration correction for the South Chickamauga Sewer Basin. The first loan is for $3 million with federal funding in the amount of $2,700,000 and an additional $300,000 in principal forgiveness that will not have to be repaid. A $3 million cap applies to the federal funding in the clean water loan program. A companion loan is funded from the State Revolving Fund at $21 million. Both loans have a 20-year repayment period at an interest rate of 2.05 percent.

The city of Cleveland will receive a loan increase in the amount of $379,500 for its collection system expansion to include the installation of approximately 7,750 linear feet of sewer lines to replace septic tanks. The project is funded from the State Revolving Fund with a 20-year repayment period and an interest rate of 1.56 percent.

Tennessee’s Revolving Fund Loan Program maintains priority ranking lists for both the Drinking Water State Revolving Fund and the Clean Water State Revolving Fund. Over $90 million is loaned annually to cities, utility districts, and energy or water/waste water authorities, with projects appearing on the priority ranking lists for planning, design, and construction of eligible water and wastewater projects.

Governor Bill Lee said, “I’m pleased to see our communities are getting the help they need for infrastructure development.”

“These programs help communities make updates they need in infrastructure, and we are glad we can assist in this way,” said TDEC Commissioner David Salyers. “Abundant, clean water is important to quality of life in Tennessee, and this program is an excellent way to make such improvements affordable.” 

Through the State Revolving Fund 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 also include a principal forgiveness component.

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 $300 million in low-interest loans since its inception in 1996.

The Department of Environment and Conservation administers the State Revolving Fund 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.


Storage Building Destroyed By Fire Thursday Afternoon

Georgia Has 34 More Die From Coronavirus; 953 New Cases

Home On Park Avenue Damaged By Fire Thursday Morning


Firefighters from the Highway 58 Volunteer Fire Department responded to 8121 Smith Road a round 4:30 p.m., on a possible barn/storage building on fire. Once firefighters arrived on the scene, ... (click for more)

Georgia state health officials reported on Wednesday there have been 2,147 people in the state who have died from the coronavirus - 34 more since Wednesday. The confirmed cases are now at ... (click for more)

The Chattanooga Fire Department was dispatched to a house fire on Park Avenue at 4 a.m. on Thursday. First arriving crews reported visible flames coming from the single-story brick structure. ... (click for more)



Breaking News

Storage Building Destroyed By Fire Thursday Afternoon

Firefighters from the Highway 58 Volunteer Fire Department responded to 8121 Smith Road a round 4:30 p.m., on a possible barn/storage building on fire. Once firefighters arrived on the scene, they reported to dispatch the building was fully involved and already on the ground. Highway 58 fire officials reported the barn/storage building contained a tractor and other farming tools/equipment. ... (click for more)

Georgia Has 34 More Die From Coronavirus; 953 New Cases

Georgia state health officials reported on Wednesday there have been 2,147 people in the state who have died from the coronavirus - 34 more since Wednesday. The confirmed cases are now at 49,847 - up from 48,894 - an increase of 953. Hospitalizations are at 8,557 - up 138 since Wednesday. Whitfield County has 19 new cases for a total of 427, and still seven deaths. Officials ... (click for more)

Opinion

It's About Time Riverbend Was Cancelled - And Response

Since its inception, Friends of the Festival seemed bound and determined to make Riverbend a national event, ignoring the opinions of many Chattanoogans. Riverbend started as a local event drawing on the tastes and desires of local citizens yet has devolved into an outrageously expensive, super-crowded two-week-long free-for-all. Riverbend has drastically deviated from its original ... (click for more)

Roy Exum: Two Inches From Hell

By ordinary standards it might be best described as one of life’s worst 1-2 punches, a pair of hard, personal blows that drop you to your knees. True, each devastating blow was uncommonly back to back. But, no, when I learned Wednesday morning that college football icon Johnny Majors had died just some 48 hours after another legend, Auburn’s Pat Dye, it was as though I’d been hit ... (click for more)

Sports

Setting Screens And The Silver Screen: Derrion Elmore Balances Acting And E-Sports for Hawks Talon GC

Is Derrion Elmore an actor? Or maybe he’s a gamer? In reality, he is both. Elmore can dart around picks as a virtual point guard as easily as he can portray a fictional floor general on-screen. Long before he was a 23 year old professional video game player for the Atlanta Hawks NBA 2K affiliate (called ‘Talon GC’), Elmore was honing his skills as an actor, taking part in ... (click for more)

James Beach: Memories Of My Friend, Coach Majors

It was not the first time I had seen Spanish moss streaming down from a tree, but I know it was the first time it had caught my eye in such an impressionable way that scorching July day in the summer of 1988. The big majestic cypress trees which framed the picturesque Louisiana State University campus were full of the stuff, and in a way it reminded me of days past when I had seen ... (click for more)