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DWSRF Program Contacts Water Supply Division and Vermont Rural Water Association

Vermont Drinking Water State Revolving Fund Intended Use Plan American Recovery and Reinvestment Act of 2009. DWSRF Program Contacts Water Supply Division and Vermont Rural Water Association. Eric Blatt (241-3425) Section Chief, Engineering and Financial Services Bryan Redmond (241-3408)

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DWSRF Program Contacts Water Supply Division and Vermont Rural Water Association

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  1. Vermont Drinking Water State Revolving FundIntended Use Plan American Recovery and Reinvestment Act of 2009

  2. DWSRF Program ContactsWater Supply Division and Vermont Rural Water Association • Eric Blatt (241-3425) • Section Chief, Engineering and Financial Services • Bryan Redmond (241-3408) • Program Specialist • Eric Law (241-4656) • Project Development Specialist • Ashley Lucht (241-3424) • Capacity Development Specialist • Ian Schrauf (800-556-3792 ext 321) • VRWA DWSRF Technical Assistance Provider

  3. DWSRF Agenda • ARRA Goals – Principally for Job Creation and Job Preservation – Must Move Projects Expeditiously • ARRA-Specific Provisions • Fund Distribution and Set-Asides • Priority Ranking System • Construction Project Priority List • Green Infrastructure • Remaining Steps to be taken • Questions and Comments

  4. ARRA-Specific Provisions(slide 1 of 3) • February 17, 2010 Deadline for Contracts • Goal of committing 50% of funds in 120 days • Green Project Reserve (GPR) • At least 20% of funds ($3.9M) for GPR • Must reserve funds for 180 days (until 8/17/09)

  5. ARRA-Specific Provisions(slide 2 of 3) • Must provide at least 50% aggregate subsidy (we intend to provide at least 57% subsidy for each ARRA loan) • ARRA Subsidy to be in form of loan principal forgiveness • Additional subsidy for those communities that qualify for negative interest using current method (max subsidy equivalent to ~ 75% grant) • Additional Subsidy of 10% for Green Infrastructure – additional loan forgiveness

  6. ARRA-Specific Provisions(slide 3 of 3) • Davis Bacon Wage Requirements Apply • Buy American Iron, Steel and Manufactured Goods Provisions Apply • Other Related Program Changes – Construction Contract Management and Engineering Agreements

  7. ARRA Available Funds • EPA Grant = $19,500,000 • No State Match Required for ARRA Funds

  8. ARRA Tentative Fund Distribution • Loans $17,355,000 • Set-Asides $2,145,000

  9. Set-Aside Fund Distribution

  10. Set-asides:Administrative • DWSRF Program Staff (may increase staffing) • FED/DWSRF Support (may increase staffing) • Financial Administrative Support Includes • VMBB (may include application assistance) • Financial and Program Audits • VEDA • Other Operational Costs • On-site assistance • Archeological Services • Legal Services • DWSRF assistance • Contracts with Technical Assistance Providers

  11. Priority Ranking System • Preference given to quick start projects • System Facility Deficiencies • Weighting factor of 1.2 for small water systems serving sensitive sub-populations • Physical System Consolidation • Financial Need/Affordability • Population • Downtown Center Preference • Security

  12. Current Funding EstimateARRA Project Priority List • $17.355M available for construction projects this funding cycle • Priority List divided into 2 groups • Fundable list consisting of 46 projects • Non Fundable list consisting of 99 projects • Total need is roughly $120M

  13. Green Infrastructure • Water Efficiency • Water meters if not currently used • Energy Efficiency • Mechanical upgrades such as VFDs for pumps and blowers • Water facility building envelope improvements • Green Technology • Environmentally Innovative Projects • Solar powered mixing system

  14. The Business Case • A case needs to be made for traditional projects that claim green components • To make the case, a simple memo should include: • Reference to engineering study/planning document • Shows substantial water/energy saving benefits • Look to EPA to define ‘substantial’, but may become State’s discretion • Projects meeting categorical criteria for green projects do not need to make a case

  15. Business Case Example • Water Line Replacement • Water efficiency • Community ID’s substantial leak in system • Green credit applies to that part of the project • Energy efficiency • PER determines pipe condition is driving pumping inefficiencies • Green credit applies to replacement of that section of deteriorating pipe

  16. One Example of Green Technology Photo courtesy of Engineering Ventures, Inc.

  17. Recent Changes to Draft IUP/Priority List • Changes are anticipated to both IUP and Priority List • Division will direct-solicit green projects to meet 20% Green Project Reserve • Final IUP and Priority List will reflect those changes

  18. What’s Next? • Written comment period was to end March 27, 2009, but is being extended an additional week • Grant Application was submitted and we are awaiting award of the funds from EPA • State legislation needed to enable the amount and method for providing subsidy • Anticipate legislation by early May 2009 • If all falls into place, funds may be available by mid to late May 2009

  19. Questions and Comments

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