Investor Presentaiton
•
Ohio Water
Development
Authority
FRESH WATER PROGRAM
Fresh Water Program Loan Interest Rates
As of May 31, 2013
OWDA provides market interest
•
rates on Fresh Water Program
loans with discounts provided
for certain types of projects or
frequent borrowers
•
.
The monthly interest rate for all loans in the Fresh Water Program is calculated based
on the previous eight-week average of the Bond Buyer GO 20 Bond Index
OWDA offers the following discounts to the current interest rate:
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0.5% discount for communities under Ohio EPA findings and orders, under
enforcement action of or having documented health risks
0.5% discount for communities that are connecting to existing treatment system
where the community does not own a system
0.5% discount for communities that are acquiring water or wastewater facilities
from a Chapter 6119 district
0.5% discount for communities that have borrowed from OWDA previously
0.5% discount for communities that are purchasing another system
0.5% discount for communities that are in compliance with a balanced growth plan
certified by the State of Ohio
The maximum discount available is 1% for up to $15 million in borrowing by any one
community during a calendar year and 0.50% from $15 million to $25 million. No
discounts are available for borrowing greater the $25 million during a calendar year
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