New York wastewater plant to upgrade with $53 million interest-free loan
Governor George E Pataki has announced that the state has provided a $53 million short-term, interest-free loan to Onondaga County in order to upgrade the Metropolitan Syracuse Wastewater Treatment Plant.
This is the largest New York State Clean Water State Revolving Fund (CWSRF) short-term loan made since the implementation of the program in 1990, says water industry news service WaterTech Online.
“Over the past six years, we’ve made unprecedented progress in cleaning up and protecting our most precious water resources,” said Pataki. “By making this funding available to Onondaga County, we are providing the community with an affordable solution to help prevent water pollution and safeguard their water resources for generations to come.”
The loan will be used to fund the planning, design and construction of ammonia and phosphorus treatment facilities that will enable the Metropolitan Syracuse Wastewater Treatment Plant to meet removal standards. In addition, ultraviolet disinfection facilities will be constructed as part of the project to meet new chlorine residual requirements.
The project also includes remediation of a brownfield site, where some of
The facilities will be constructed. The project is expected to be completed in September 2004.
The CWSRF is administered by the New York State Environmental
Facilities Corporation (EFC) and the Department of Environmental Conservation (DEC), and offers short-term interest-free loans and long-term reduced interest rate loans. Short-term loans enable municipalities to undertake project design and complete construction without incurring the interest expenses normally associated with commercial loans.