 | Vol. 4 No. 2 Fall 1996 |
| A Newsletter About New Jersey's Water Quality Programs |
On June 15, 1996, the Township of Byram broke ground on a new collection and conveyance system funded through the New Jersey Wastewater Treatment Financing Program. The $1.8 million project will eliminate treatment facilities at two local schools, an aging septic system serving the municipal complex, and septic systems serving residential and commercial properties in the Route 206 corridor and Lackawanna Drive portion of the township. Collected wastewater will be conveyed to the Musconetcong Sewerage Authority's Water Pollution Control Facility for treatment.
The township applied to the loan program in early October 1995 as a "second chance" applicant. Second chance projects are typically for applicants that have been independently proceeding toward construction. Project sponsors meet DEP's funding criteria by submitting complete planning and design documents mid-way through the traditional funding cycle. Once approved, projects may proceed with construction through a "preaward approval," allowing construction to proceed prior to receipt of a loan award.
Fast-tracking efforts by the Township, its engineers, and the DEP resulted in the project being certified for loan "preaward approval" on April 29, 1996, enabling the work at two schools to be completed during summer recess and overall project completion before winter weather arrives.
Financing through the loan program will yield almost $460,000 in savings as compared to conventional financing methods. The amount of savings is equivalent to a 28 percent grant.
For more information on the loan program, contact Nicholas G. Binder, P.E., P.P., Assistant Director, Municipal Wastewater Assistance, at (609) 292-8961.