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Village board approves lead-agency status, negative declaration and $2.5M bond resolution for water-system upgrades
Summary
Trustees designated the village as lead agency, adopted a negative declaration from environmental review and approved a bond resolution authorizing up to $2.5 million in borrowing for water-system repairs identified in an engineering study; staff said the system is losing about 70% of water and the village will pursue EFC grant funding (deadline Sept. 12).
The Village of Green Island Board of Trustees voted to declare the board the lead agency for a proposed water-system upgrade, adopt a negative environmental declaration and approve a bond resolution authorizing up to $2,500,000 in borrowing to make necessary repairs.
Manny, a village staff member who presented the project, said the village intends to apply for Environmental Facilities Corporation (EFC) grant funding with a September 12 application deadline and that the authorization is needed to meet application requirements. "So we took the $2,500,000 as the number that came out of the Hazen's engineering report," Manny said. He added, "We're having 70% of lost water," describing unmetered losses the study identified and listing mains, hydrants and shutoffs among the work items the funding would address.
Manny told trustees that some interested parties—specifically the City of Cohoes, the City of Waterblades and the State Health Department—have returned sign-offs saying they have no objection to Green Island serving as lead agency; he said other agencies have not responded but are not expected to object. He explained that the $2.5 million figure represents the total improvements the engineer identified and that the village would only borrow what it needs. He framed the financing case for applications: if grant funding is received the village would reduce borrowing; if not, the village would proceed with borrowing and a roughly 70/30 match was anticipated for the project.
Trustees moved and approved the resolution to declare lead-agency status, the negative declaration resolution finding no state-environmental-impact, and the bond resolution authorizing the financing. The votes were carried by voice; no roll-call tallies were recorded in the transcripted segments.
