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Gov. Daugaard Announces $38.96 Million for Water Projects





For Immediate Release: Tuesday, March 27, 2018

FOR MORE INFORMATION: Mike Perkovich, (605) 773-4216

FOR PROJECT DETAILS: Visit http://denr.sd.gov/bwnrapps.aspx

 

Gov. Daugaard Announces $38.96 Million for Water Projects

 

PIERRE, S.D. – Gov. Dennis Daugaard says the state Board of Water and Natural Resources has approved $38.96 million for water and wastewater projects. The board met today in Pierre.

 

The $38.96 million total includes $7.123 million in grants and $31.841 million in low-interest loans, with nearly $2.058 million in principal forgiveness.

 

The grants and loans awarded by the board are administered through the Department of Environment and Natural Resources (DENR).

 

“I am pleased to announce that this financial assistance is available,” said Gov. Daugaard. “These grant and loan awards will result in better drinking water, improved wastewater treatment and enhanced protection of the environment.”

 

A grant was awarded to:

  • Colman, $23,000 grant amendment for water system improvements

 

Loans were awarded to:

  • Bridgewater, $243,000 loan for water meter replacement
  • Crooks, $3.266 million, which includes loans of $2.052 million for wastewater collection and $1.214 million for water distribution system improvements
  • Lake Norden, $1.477 million loan for water system improvements
  • Philip, $1.141 million, which includes loans of $605,000 for wastewater system improvements and $536,000 for storm water improvements
  • Presho, $1.198 million loan for Main Street wastewater and storm sewer improvements

 

Loans with principal forgiveness were awarded to:

  • Clark Rural Water System, $2.95 million loan for connections to Willow Lake and Bradley and system improvements, with $1.27 million in principal forgiveness
  • Oelrichs, $447,000 loan for water meters and water system improvements with $357,600 in principal forgiveness
  • Ree Heights, $509,000 loan for water system improvements with $430,000 in principal forgiveness

 

Grant and loan packages were awarded to:

  • Dell Rapids, $7.148 million, which includes a $2 million grant and loans of $2.662 million for sanitary and storm sewer improvements and $2.486 million for water mains
  • Humboldt, $4.166 million, which includes a $2 million grant and a $1.876 million loan for wastewater collection improvements and a $290,000 loan for water meter replacement
  • Lake Byron Sanitary District, $5.475 million for wastewater collection and treatment system construction, which includes a $2 million grant and a $3.475 million loan
  • Sioux Rural Water System, $10.921 million for system improvements and service to Hazel, which includes a $1.1 million grant and a $9.821 million loan

 

The grants and loans were awarded from DENR’s Consolidated Water Facilities Construction Program, Drinking Water State Revolving Fund Program and Clean Water State Revolving Fund Program.

 

The Consolidated Water Facilities Construction Program, funded in part by revenues from the Petroleum Release Compensation Tank Inspection fee and the sale of lotto tickets, provides grants and loans for water, wastewater and watershed projects.

 

The State of South Dakota and the U.S. Environmental Protection Agency fund the Drinking Water State Revolving Fund Program, which provides low-interest loans for public drinking water system projects. The State of South Dakota and the U.S. Environmental Protection Agency fund the Clean Water State Revolving Fund Program, which provides low-interest loans for wastewater, storm water and nonpoint source projects. Principal forgiveness is a subsidy option that results in a reduced loan repayment amount for the borrower.

 

 

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