Valley City Times-Record
Fort Ransom, one of three State Revolving Fund loans awarded for water and sanitary sewer projects
BISMARCK, N.D. - The State Revolving Fund Programs, jointly administered by the North Dakota Department of Environmental Quality and the North Dakota Public Finance Authority, awarded three loans for water and sanitary sewer projects in December.
• Fort Ransom received an $847,000 loan to repair a broken force main under the Sheyenne River and rehabilitate two lift sta- tions. This project will ensure the safe trans- mission of wastewater to the residents.
• Lincoln received a $1,858,000 loan to- wards a project to con- struct a new water stor- age tank, replacing an existing water storage tank with structural deficiencies and improving water pressure in parts of the city. The new tank will allow safe water storage for residents.
• Center received a $4,700,000 loan to reconstruct the existing wastewater treatment lagoons and replace the existing lift station and force main to the lagoons. This will allow for the safe reclamation of the sanitary sewer water. (The North Dakota Industrial Commission also approves loans greater than $2 million.)
The U.S. Environmental Protection Agency provides part of the SRF Programs funding, which offers below-market interest rate loans to political subdivisions for financing projects authorized under the Clean Water Act and Safe Drinking Water Act. SRF programs operate nationwide to provide funding to maintain and improve the infrastructure that protects our vital water resources.
Loans are awarded to projects listed on the project priority list based on project eligibility determined by the Department of Environmental Quality and the Public Finance Authority’s review of repayment ability. The Public Finance Authority
is overseen by the North Dakota Industrial Commission, consisting of Governor Doug Burgum as chairman, Attorney General Drew H. Wrigley, and Agriculture Commissioner Doug Goehring. Please contact the Department of Environmental Quality at email@example.com regarding specific detail on any of the projects mentioned above.