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Wellston Receiving Financing from Ohio EPA to Update Water Treatment Plant and Replace Waterline
Wellston has received a $721,026 low-interest loan from Ohio EPA to update water lines and a water treatment plant and generator.
Wellston plans to rehabilitate the motor control center and wiring at the South water treatment plant, install an emergency generator at the well-field, and upgrade and replace a 6-inch water main on Minnesota Avenue with an 8-inch line between Broadway Avenue and Golden Rocket Drive. An additional 700 feet of new 8-inch water main will be installed across Golden Rocket Drive beginning at the intersection of Minnesota Avenue to provide an alternative source of water for Wellston’s middle school and high school. This water line will also serve a proposed Fire Academy School. The reduced interest rate on the $721,026 loan will be combined with $214,060 principal forgiveness to save Wellston about $510,000.
Created in 1998, the Water Supply Revolving Loan Account (WSRLA) provides below market interest rate loans for compliance-related improvements to community water systems Eligible projects 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 loan program is managed by Ohio EPA’s Division of Environmental and Financial Assistance, 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 WPCLF 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.