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Financing Fund $222 Million in Improvments
Fifty-six projects, which have met the requirements for low interest loans from the New Jersey Environmental Infrastructure Financing Program, will receive them in November. The fifty-six projects totaling almost $222 will improve the drinking water, wastewater, and stormwater infrastructure throughout the state. The projects are critical to the overall goal of preserving the state's water resources and ensuring safe drinking water for future generations. Thirty-two of the projects target wastewater, stormwater and nonpoint source pollution by improving sewage treatment facilities, maintaining wastewater collection and conveyance systems, and reducing pollution caused by stormwater runoff. An additional eighteen projects will help municipalities, and also private water purveyors, meet the requirements of the Safe Drinking Water Act. The remaining six projects are for land acquisition and conservation. Maintaining open space has a positive effect on water quality; headwaters, stream corridors, wetlands and aquifer recharge areas protect water quality when preserved in their natural state. The Financing Program will help preserve 149 acres.
The Financing Program is a partnership between the DEP and the New Jersey Environmental Infrastructure Trust that enables borrowers to receive the lowest possible rates on loans for infrastructure projects. By combining interest-free loans from DEP's State Revolving Funds with market rate loans from the sale of Trust bonds, the participants in the Financing Program are able to borrow money at half the rate the Trust pays on its AAA-rated bonds. Since 1987, the Financing Program has put over $1.98 billion to work removing pollutants from the state's waterways and protecting water supplies, saving borrowers over $600 million in the process.
For more information on the loan program, contact the Municipal Finance and Construction Element, at (609) 292-8961. For more information on the New Jersey Environmental Infrastructure Trust, contact Executive Director Dirk C. Hofman, P.E. at (609) 219-8600. Sponsors of drinking water projects should contact or Josephine Craver from the Bureau of Safe Drinking Water at (609) 292-5550.
Listed below are the fifty-six projects that were certified by the Municipal Finance and Construction Element in August and September 2002 for low-interest loans through the Environmental Infrastructure Financing Program. Governor McGreevey signed the appropriations bill on August 14, 2002 that allows the DEP and the Trust to proceed with the execution of loan agreements. The DEP, the Trust, and the project sponsors will close on the loans in November.
Clean Water
| Bayonne MUA | $3,566,192 | installation of an interceptor and sanitary sewer collection system. |
| Bellmawr Borough | $3,004,146 | replacement of sanitary sewer mains and rehabilitation of three pump stations. |
| Berkeley Township SA | $4,724,102 | construction of a sewer collection system. |
| Brick Township MUA | $8,832,796 | rehabilitation of pump stations and sewer lines. (2 projects) |
| City of Gloucester City | $549,144 | replacement of the Klemm Avenue Pump Station. |
| Borough of Dunellen | $1,890,950 | repair and upgrade of the Gallagher Pump Station and the Washington Avenue Ejector Station and force main. |
| Fort Lee Borough | $7,154,500 | separation of a portion of the existing combined sewer system. |
| Borough of Gibbsboro | $1,046,002 | replacement of sanitary sewer pipes. |
| City of Hackensack | $1,048,100 | improvement of the stormwater collection system. |
| Harrison Township | $3,958,866 | upgrade and expansion of the existing sewage treatment plant. |
| Borough of Hopatcong | $10,500,000 | installation of a sewer collection system. |
| Joint Meeting of Essex and Union Counties | $6,755,786 | upgrade of the wastewater treatment plant improvements. |
| Lambertville Sewerage Authority | $1,838,358 | upgrade of the wastewater treatment plant. |
| Borough of Lodi | $141,300 | installation of stormwater collection pipes and inlets. |
| Medford Township | $1,761,418 | upgrade of the sewage treatment plant. |
| Mercer County IA | $794,038 | bank stabilization and sediment removal in two lakes within the Twin Rivers Community in East Windsor Township. |
| Monmouth County Bayshore Outfall Authority | $990,000 | rehabilitation of retention basin liner. |
| Montclair State University | $1,132,204 | replacement and upgrade of sanitary sewer lines. |
| Musconetcong Sewerage Authority | $6,033,702 | expansion of the existing wastewater treatment facility to serve Hopatcong Borough collection sewer needs. |
| North Hudson Sewerage Authority | $32,402,800 | installation of solids/floatables control facilities and consolidation of conduits for combined sewer discharge points. |
| City of North Wildwood | $3,687,470 | replacement of sewer pipes and improvements to the storm sewer system. |
| Borough of Oaklyn | $471,570 | rehabilitation of the sewer collection system. |
| Passaic Valley Water Commission | $1,078,562 | upgrade of the sludge treatment and disposal system. (Supplemental loan) |
| City of Rahway | $1,993,010 | construction of new sanitary and storm sewers to complete separation of combined sewers. |
| Rahway Valley Sewerage Authority | $5,465,334 | treatment plant improvements. |
| Township of Readington | $190,000 | construction of a salt storage shed. |
| Riverside Water Reclamation Authority | $1,578,080 | sewer system rehabilitation. |
| Warren County MUA (Pequest River) | $4,400,000 | upgrade of the Belvidere Wastewater Treatment Plant. |
| Washington Borough (Warren) | $1,671,479 | rehabilitation of the sanitary sewer system to reduce infiltration/inflow. |
| Washington Township MUA (Gloucester) | $2,199,304 | replacement of sanitary sewers and upgrade of a pump station for consolidation of four pump stations. |
| Winslow Township | $3,979,264 | construction of a wastewater collection system. |
Drinking Water
| Brookwood Musconetcong RPOA | $1,048,400 | replacement of pipes, construction of a 100,000 gallon tank, and improvements to the River and Chestnut Roads well station. |
| Camden City | $9,874,982 | rehabilitation and upgrade of Morris-Delair treatment facilities. |
| Cedar Glen West, Inc. | $445,332 | replacement of main valves and curb stops. |
| East Brookwood Estates POA | $1,124,000 | replacement of pipes, repairs to a storage tank, and replacement of booster pumps. |
| Franklin Township | $1,844,000 | cleaning and lining of water mains. |
| Lakewood Township MUA | $6,414,815 | upgrades to the Shorrock treatment plant. |
| Long Beach Township | $3,091,328 | rehabilitation of the Brant Beach Water Treatment Plant, replacement of water mains, and installation of a new 300,000 gallon elevated storage tank. |
| Monmouth County IA | $1,391,656 | upgrade of the three existing filter units at the Manasquan Water Treatment Plant. |
| Montclair Township | $1,924,270 | rehabilitation of the Grove Street Pump Station. |
| NJ American Water Co. | $6,003,206 | improvements to the Jumping Brook Water Treatment Plant (Monmouth) and the Canoe Brook Water Treatment Plant (Short Hills). (2 projects) |
| NJ American Water Co. | $2,610,460 | replacement of water mains (Western Division) and installation of water meters (Ortley Beach). (2projects) |
| Passaic Valley Water Commission | $8,455,264 | improvements to the Little Falls Water Treatment Plant.(Supplemental) |
| Tuckerton Borough | $644,328 | construction of a new well and installation of a sand filter at the treatment plant. |
| Verona Township | $1,470,500 | construction of two packed tower aeration facilities and chemical treatment facilities at Fairview Avenue and Linn Drive wells. |
| Washington Township MUA | $3,646,132 | installation of a radium treatment plant for wells numbers 10 and 11 and replacement of water mains. |
| Waterford Township MUA | $2,547,546 | construction of water transmission mains, a water treatment plant, and a standby well. |
Land Aquisition
| Township of Dover | $769,532 | towards a portion of the acquisition of approximately 9.93 acres for the purpose of preserving open space. |
| Township of Edison | $2,454,950 | towards a portion of the acquisition of approximately 5.20 acres for the purpose of preserving open space. |
| Mercer County | $582,500 | towards a portion of the acquisition of approximately 48.92 acres in East Windsor and Hopewell Townships for the purpose of preserving open space. |
| Middle Township | $355,194 | towards a portion of the acquisition of approximately 45.84 acres for the purpose of preserving open space. |
| Township of Montville | $1,308,476 | towards a portion of the acquisition of approximately 47.08 acres for the purpose of preserving open space. |
| Old Bridge Township | $4,180,000 | towards a portion of the acquisition of approximately 197 acres for the purpose of preserving open space. |
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