Explanation
This legislation is required of the City to execute a Water Resource Restoration Sponsor Program (WRRSP) agreement with the Ohio EPA and the Ohio Water Development Authority (OWDA). Created in 2000, the Water Resource Restoration Sponsor Program (WRRSP) counters the loss of ecological function and biological diversity that jeopardizes the health of Ohio’s water resources. This program uses interest monies from WPCLF “Sponsor” Project loans to fund both preservation and restoration of aquatic habitat to accomplish this goal.
The WRRSP project, identified in Section 1 as the Columbus Recreation and Parks Department’s Clover Groff, Phase 3 Project, WRRSP AIMS Number: 4616, was designated by the Department of Public Utilities for sponsorship through a WRRSP Sponsorship Letter of Intent, dated January 6, 2015 for funding approval for Program Year 2015 through the Ohio Water Pollution Control Loan Fund Program. The designated Sewerage and Drainage Division Project, identified in Section 2., will serve as the Sponsor Project for the Recreation and Parks Department’s WRRSP Project. The Clover Groff, Phase 3 Project is listed on the Ohio EPA 2015 WRRSP Project Priority List as an Intended Project for funding this year. The sponsoring Sewerage and Drainage Division Project is also listed on the Intended Projects List for Ohio EPA funding through the Water Pollution Control Loan Fund (WPCLF) this year.
FISCAL IMPACT: The City will save money by receiving an interest rate discount on the WPCLF Loan financing the Division of Sewerage and Drainage’s Sponsor Project.
Title
To authorize the Director of Public Utilities to execute a Water Resource Restoration Sponsor Program (WRRSP) Agreement with the Ohio Environmental Protection Agency and the Ohio Water Development Authority; and to designate a Division of Sewerage and Drainage Project as the Sponsor Project for the WRRSP.
Body
WHEREAS, on January 6, 2015 the Director of Public Utiliti...
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