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CITIZEN CONTACT: Kristopher Weiss
Tuscarawas Village Receives Ohio EPA Financing for Asset Management Plan
Ohio EPA is providing Tuscarawas village with a $35,000 loan to go toward funding an asset management plan that will assist the village in optimizing the function of their water system.
The loan will finance an analysis of user rates, the mapping of drinking water assets using a computer mapping system and the development of an asset management plan. The plan will help the village ensure the treatment and delivery of safe drinking water throughout the village.
Created in 1998, the Water Supply Revolving Loan Account (WSRLA) provides below-market interest rate loans for compliance-related improvements for community water systems and nonprofit, non-community public water systems. The reduced interest rate on the $35,000 loan will save Tuscarawas village $8,500. The first $5,000 is being provided as a principal forgiveness loan, which means it does not have to be paid back. The remaining loan amount is being provided at zero percent interest, over five years.
Projects eligible for WSRLA funding include design and construction loans for new, replaced, rehabilitated, upgraded or expanded water treatment plants and their components. In addition, the WSRLA can provide technical assistance to public drinking water systems in a variety of areas from the planning, design and construction of improvements to enhancing the technical, managerial and financial capacity of these systems.
Ohio EPA’s revolving loan funds are partially supported by federal grants and designed to last indefinitely through repayment of loans and investments in bonds. The WSRLA is managed jointly by Ohio EPA’s Division of Environmental and Financial Assistance and Division of Drinking and Ground Waters, with assistance from the Ohio Water Development Authority. Ohio EPA is responsible for program development and implementation, individual project coordination, and environmental and other technical reviews/approvals of projects seeking funds. The Ohio Water Development Authority provides financial management of the fund.
More information about the WSRLA is available at: epa.ohio.gov/defa/EnvironmentalandFinancialAssistance.aspx.
The Ohio Environmental Protection Agency was created in 1972 to consolidate efforts to protect and improve air quality, water quality and waste management in Ohio. Since then, air pollutants dropped by as much as 90 percent; large rivers meeting standards improved from 21 percent to 89 percent; and hundreds of polluting, open dumps were replaced with engineered landfills and an increased emphasis on waste reduction and recycling.