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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) - PowerPoint PPT Presentation
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Vermont Drinking Water State Revolving Fund
Intended Use Plan American Recovery and
Reinvestment Act of 2009
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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
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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
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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)
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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 forgivenessAdditional 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
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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
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ARRA Available Funds
EPA Grant = $19,500,000
No State Match Required for ARRA Funds
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ARRA Tentative Fund Distribution
Loans $17,355,000
Set-Asides $2,145,000
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Set-Aside Fund Distribution
DWSRF Set-asides for FFY 08
Set-aside (Maximum %) Funds Available
Grant Request
Administration (4%) $780,000 $780,000
Technical Assistance (2%) $390,000 $390,000
Program Management (10%) $1,950,000 $975,000
Local Assistance (Not allowed) $0 $0
Totals $3,120,000 $2,145,000
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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
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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
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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
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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
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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
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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
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One Example of Green Technology
Photo courtesy of Engineering Ventures, Inc.
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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
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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
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Questions and Comments