NC Division of Water Infrastructure Drinking Water Grant

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Presentation transcript:

NC Division of Water Infrastructure Drinking Water Grant April 11, 2017 Council Room

Projects evaluated based on need in following order of priority: Another round of funding available to local governments through the NC Division of Water Infrastructure as part of Connect NC Bond Projects evaluated based on need in following order of priority: Failing systems Rehab. & replacement Expanded infrastructure Projects scored based on local utilities operating ratios (revenues vs. expenditures) and local economic criteria to determine whether funding will be grants, loans or a combination Match requirements also be based on same and criteria. Funding maximums are $3 million per jurisdiction over a 3 year period.

Proposed drinking water project is part of the scheduled Phase C Infrastructure Project for replacement of approximately 5,220 linear feet of water lines and associated infrastructure along Harper, Wilson, Lumberton, and Florence Avenues from Lake Park Blvd. to 4th Street and 3rd Street from Harper Avenue to Goldsboro Avenue Town approved in Feb. for low interest loan through this program for $1,273,216 with interest rate not to exceed 1.53%. Proposed project budget would utilize remaining allowable balance of the $3 million maximum. Water system serving project area approximately 50 years old and has degraded over time due material deterioration as well as localized or point damage from activities such as construction, installation of underground utilities, and storm damage. Tuberculation, corrosion, and buildup of water impurities has created water quality issues and contributes to water pressure and flow issues that exist within the system.

Total engineer’s cost estimate and proposed grant request is $1,726,000 Any approved funding would offset need to utilize recently approved municipal bond monies for the project Resolution No. 17-2155 in support of the grant application attached Submittal deadline is April 28.