Virginia Resources Authority and the Department of Environmental Quality continue their leverage bond program to advance clean water efforts across Virginia. The bonds were sold competitively in September 2011 and achieved the lowest rates in the program's history. Proceeds totaling $39 million will be used to support six projects for one county and three wastewater authorities.
Upper Occoquan Service Authority and Alexandria Service Authority will make upgrades at their wastewater treatment facilities that will keep harmful nutrients out of the Chesapeake Bay. These important projects are also supported by the Water Quality Improvement Fund. Reducing and avoiding sanitary sewer overflows caused by inflow and infiltration are the objective of three projects being undertaken by the Western Virginia Water Authority. Botetourt County also seeks to avoid polluting waterways with an upgrade to an existing interceptor that conveys flows to the regional wastewater treatment plant in Roanoke.
VRA looks forward to working with DEQ and the program participants to fund critical infrastructure that protects Virginia's waterways.