WIFIA PROGRAM The Water Infrastructure Finance and Innovation Act (WIFIA) program accelerates investment in our nation's water infrastructure by providing long-term, low-cost supplemental loans for regionally and nationally significant projects. SARASOTA COUNTY GOVERNMENT PROJECT NAME: Bee Ridge Water Reclamation Facility Expansion and Advanced Wastewater Treatment Conversion Project LOCATION: Sarasota, FL INVITED WIFIA LOAN AMOUNT: $132 million POPULATION SERVED BY PROJECT: 90,978 PROJECT TYPE: Water Reuse PROJECT DESCRIPTION: The Bee Ridge Water Reclamation Facility Expansion and Advanced Wastewater Treatment project will expand and upgrade the existing water reclamation facility to an advanced wastewater treatment facility to meet increasing service area demands. The purpose of this project is to meet service area demands, provide increased flexibility for water reuse options including aquifer recharge, provide a sustainable reclaimed water supply for irrigation reducing potable water demands, implement innovative wastewater treatment processes ensuring compliance with current and future regulatory requirements, and encourage beneficial reuse of resources. FY 2020 SELECTION ROUND NUMBER OF PROJECTS SELECTED: 55 TOTAL LOAN AMOUNT: $5.1 billion TOTAL WATER INFRASTRUCTURE INVESTMENT SUPPORTED: $12.5 billion NUMBER OF PEOPLE IMPACTED: 25 million in 20 states Selected projects must submit an application for a WIFIA loan, pass a creditworthiness assessment, negotiate a mutually agreeable term sheet, and execute a credit agreement to receive WIFIA funding. An invitation to apply indicates that EPA believes the selected projects will be able to attain WIFIA loans. CDA Environmental Protection WEBSITE: www.epa.gov/wifia Agency EMAIL: wifia@EPA.gov ------- |