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One big item the city should litigate here and now is the failure of RIAC to comply with the existing water pollution issues. The ROD should not be accepted with the glycol management program still unfunded. RIAC needs to borrow $25 million to build that facility. RIAC is trying to get the money from the state Clean Water Financing Fund but must compete with cities and towns for the money. When will RIAC go before the financing board? No one knows. Here are the recent deals. The city should block the ROD until RIAC gets the money to build the $25 million glycol management plant.
Recent Clean Water Financing Authority borrowings:
(April Reviews)
Review and consideration of a loan application from the Town of Coventry
in an amount up to $150,000 out of the Sewer Tie-in Loan Fund (STILF).
(June Reviews)
Review and consideration of a loan application form the Town of Tiverton
in an amount up to $150,000 out of the Sewer Tie – In Loan Fund
(STILF).
(September Reviews)
2) Review and consideration of a loan application from the Town of Bristol in
an amount up to $2,395,000 out of the Clean Water State Revolving Loan
Fund.
3) Review and consideration of a loan application from the Town of
Middletown in an amount up to $1,500,000 out of the Clean Water State
Revolving Loan Fund.
4) Review and consideration of a loan application from Narragansett Bay
Commission (NBC) in an amount up to $25,000,000 out of the Clean
Water State Revolving Loan Fund.
5) Review and consideration of a loan application from the City of
Woonsocket in an amount up to $30,000,000 out of the Clean Water State
Revolving Fund.
6) Review and consideration of a loan application from the Town of Westerly
in an amount up to $300,000 out of the Community Septic System Loan
Program.
(October Reviews)
4) Review and consideration of a loan application from the Town of Coventry in
an amount up to $2,400,000 out of the Clean Water SRF.
5) Review and consideration of a loan application from Providence Water in an
amount up to $3,000,000 out of the Clean Water SRF.
6) Review and consideration of a loan application from the Town of Smithfield in
an amount up to $4,000,000 out of the Clean Water SRF.
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