Services | Water
Protecting Water Quality & Supply
The treatment, management and efficient delivery of fresh, clean water to the community is one of the primary responsibilities of local municipalities. Population size and growth can create an ongoing challenge for proper treatment and efficient delivery.
Components of the water treatment process age, break, and decay over time. Refurbishing or constructing new treatment, storage, and delivery systems is a major undertaking for any community. We understand the financial implications of such an undertaking. This has become a major concern for a growing number of aging communities who have infrastructures that are old, worn and reaching the end of their life cycles. At Municipal Finance, we are experienced in financing water lines/mains, and storage systems from tanks to towers.
Wastewater
The proper treatment of municipal and industrial sewage is critical to every community’s health and vitality. The wastes generated by 60% of the United States population is collected in sewer systems and carried along by 14 billion gallons of water each day. 10% of this is allowed to pass untreated into our rivers, streams, and oceans. The remaining 90% receives some form of treatment to improve the quality of the water before it is released for reuse.
Wastewater treatment equipment ages, breaks, and decays over time often requiring expensive refurbishing of sewage treatment facilities, storage, and by-product removal/recycling equipment. Often, refurbishing is not possible due to age, and expensive construction, renovation, and replacements become necessary. This can put a tremendous strain on a community. Contact Us to find out more about our experience in funding complex waste water projects such as these.
About Our Services
At Municipal Finance, our services are highly personalized and always reflective of the responsibilities associated with public transactions. Each of our professionals has vast and diverse experience in creating comprehensive financing strategies.
What Are The Usual Forms Of Financing?
Depending on any constitutional debt limitation and statutory authority pertinent to the agency, the financing may take the form of either a lease/purchase, loan or installment sale agreement. In any instance, the financing will be structured as a fully-amortized obligation. The agency assumes all risks associated with the use and ownership of the property being financed.
What Can Be Financed?
All forms of essential use, governmental purpose property or infrastructure including:
Public Buildings, Schools, Modular Buildings
Fire Stations, Fire Trucks & Rescue Equipment
Police Stations & Police Cars
Schools & School Buses
Computer Systems & Software
Telephone Systems
Construction Equipment & Communications Equipment
Medical Equipment & Office Equipment
Energy Management Systems & Retrofit Projects
Electrical Generating Equipment
Water/Wastewater Treatment Plants
Water and Sewer Lines & Water Meters
Roads and Bridges
Unimproved Land
How Do Municipal Finance’s Programs Work?
MFC handles all aspects of the transaction, from presentation of financing alternatives to administration of vendor/contractor payments. Documentation preparation, credit review and funding administration are all performed by MFC. This results in sole performance accountability by MFC and limited demands on the agency’s staff.
What Are The General Financing Parameters?
Financing amounts between $50,000 to $10,000,000.
3 to 25 year amortization terms.
Payments structured monthly, quarterly, semiannually or annually.
Flexible prepayment provisions.
What Steps Must The Agency Take?
Provide financial statements and other supporting credit data.
Adopt resolution approving financing.
Solicit document review and legal opinion from agency’s legal counsel.
Authorize the issuance of insurance certificates.
Execute documentation.
Authorize disbursement of payments to vendors/contractors.
Certify to the receipt and acceptance of the property.