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City staff to seek authorization to apply for state revolving loan funds for water, sewer and stormwater projects
Summary
City Administrator Dan Allen briefed the board on the upcoming State Revolving Fund (SRF) application window and said staff will return on Feb. 18 with a resolution authorizing initial, nonbinding submissions; staff estimated a multiyear package of projects in the tens of millions.
City staff briefed the Board of Mayor and Aldermen on Feb. 3 about the upcoming State Revolving Fund (SRF) application round that provides low‑interest loans (and sometimes principal forgiveness) for water, sewer and stormwater projects.
City Administrator Dan Allen said staff has discussed possible SRF applications with Tennessee Department of Environment & Conservation (TDEC) staff and is considering a package that would include facility plan updates, membrane filtration work at the water plant, a significant sewer interceptor (the Grassy Branch 30‑inch parallel trunk sewer line) and a comprehensive stormwater master plan to resolve recurring localized flooding and unmapped stream segments. Allen said prior SRF awards to Spring Hill have included principal forgiveness and described SRF terms as favorable.
Allen told the board he intends to return on Feb. 18 with a resolution to authorize staff to prepare and submit initial, nonbinding SRF application materials and to solicit letters of support. He provided a ballpark program estimate of roughly $35 million spread over five years for a pipeline of projects and said the state will rank applications and publish a priority list in the fall; formal financial commitments would come after that process.
Why it matters The SRF program can provide favorable financing and potential principal forgiveness for infrastructure work that updates treatment facilities, addresses stormwater and corrects unmapped streams — items staff said generate frequent technical questions from developers and residents.
Next steps Staff will assemble project lists and return to the board on Feb. 18 with a resolution authorizing submission of the initial SRF package and seeking letters of support.
