Ohio Water Development Authorityprojects. In the Ohio Water Development Authority’s 46-year history, this is our fourth largest funding level. The Ohio Water Development Authority

Ohio WaterDevelopmentAuthority

Ohio WaterDevelopmentAuthority2014 Annual Report2014 Annual Report

Letter to the Governor of Ohio, Members of the General Assembly & Citizens of the State

OWDA 2014 Overview

2014 Financing

Fresh Water Program

Water Pollution Control Loan Fund

Drinking Water Assistance Fund

Research and Development Grant Program

OWDA Partnerships

OWDA Administration

2014 Summary of Loans and Grants

2014 Planning Loans

2014 Construction Loans

OWDA Loan History by County

Board of Directors, Staff & Technical Advisors

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Contents

As environmentalist David Bower stated, “We do not inherit the Earth from our ancestors; we borrow it from our children.”

This philosophy could have been the

guide of the State of Ohio when it created

the Ohio Water Development Authority

46 years ago. Working with Ohio’s local

governments in the past, the Ohio Water

Development Authority has developed

into one of the nation’s foremost financing

programs. This cooperation in the

present will continue to make the Ohio

Water Development Authority strong into

the future. During 2014, the Ohio Water

Development Authority used its funding

programs to aid Ohio’s communities to

build environmental infrastructure projects

that will make Ohio’s future strong.

During 2014, the Ohio Water Development

Authority provided loan funds for

environmental infrastructure projects

in 64 of Ohio’s 88 counties. The Ohio

Water Development Authority financed

over $614 million in loans for 248 water,

wastewater, stormwater, and brownfield

projects. In the Ohio Water Development

Authority’s 46-year history, this is our

fourth largest funding level. The Ohio

Water Development Authority will continue

to rely on our past strengths to meet

the present needs and to protect Ohio’s

future.

Over the past 46 years, the Ohio Water

Development Authority has aided local

governments to build over $12 billion

in environmental infrastructure projects

to protect Ohio’s future. The Ohio

Water Development Authority supports

Governor Kasich’s vision of what Ohio

can become—a place that builds on its

manufacturing and agricultural past to be

a state that helps support a future with

new energy, information technology and

emerging industries. The Ohio Water

Development Authority will continue

to support the Ohio of the future. As

Governor Kasich says, “Think about what

Ohio will be like when we get there.”

Sincerely,

James P. Joyce, Chairman

Steven J. Grossman, Executive Director

To: The Governor of Ohio, Members of the General Assembly and Citizens of the State

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Water/ Past, Present & FutureIn the past, Ohio was l argely settled based on its abundance of clean water. Initiall y little or no water treatment was necessary due to the small population that causes little poll ution. Eventuall y we began to understand waterborne diseases and

began filtration to reduce turbidity and improve taste. Chlorine became the primary disinfectant for drinking water. In the future, the numbers of treatment techniques are expected to increase as more complex contaminants are discovered and regulated to protect the citizens of the state of Ohio.

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The Ohio Water Development Authority (OWDA) loaned $614,958,018 to 248 projects in 2014 through its loan programs.

This is the fourth largest funding level

since OWDA was created in 1968, an

increase over the 2013 funding

level. In 1968, the Ohio Legislature

created the OWDA to protect

Ohio’s natural resources and

to allow Ohio’s local governments

to come together to support each

other cooperatively for their futures.

From the beginning, the OWDA

has responded to the needs of

the local governments by lending

funds, creating new programs and

developing new technologies for

protecting our environment. The

following report will highlight OWDA’s

present efforts in 2014 that will

provide a bright future for the state

of Ohio.

OWDA’s major funding program

experienced an increased loan demand

during 2014. The Fresh Water (FW) Fund

awarded $227,131,182, a 54% increase

over 2013. In addition, the OWDA

OWDA 2014 Overview

Board approved a modification to the

methodology used to set interest rates for

the FW Program that will aid all borrowers

in the future.

OWDA continued to work with our many

funding partners to fund many diverse

environmental projects. OWDA worked

with the Ohio Development Services

Agency (ODSA) to provide loans from

both the Brownfield Loan Program and

the Alternative Stormwater Loan Fund

(ASLF) Program. OWDA continued to

partner with the Ohio Environmental

Protection Agency (OEPA) to manage

the Water Pollution Control Loan Fund

(WPCLF) and the Drinking Water

Assistance Fund (DWAF). OWDA used

the newly created Un-sewered Area

Assistance Fund Program (USAA)

to collaborate with other funders in

aiding Ohio’s smallest and neediest

communities.

OWDA’s strong financial past allows

us to fund a variety of environmental

infrastructure projects in the present that

will build Ohio’s future. Ohio’s Legislature

created OWDA 46 years ago for this

purpose. Governor John Kasich said,

“Government works for the people.”

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Since the OWDA’s creation by the State

Legislature in 1968, the OWDA has

borrowed a large portion of the funds it

lends out, both for its own programs and

the programs it manages with the OEPA.

Since that beginning, OWDA has always

pursued borrowings that assure the

Authority the lowest cost of funds in order

to maintain low borrowing rates to the

local governments of Ohio that we serve.

Through this philosophy, OWDA has

focused not only on the present needs of

Ohio’s local governments but also on the

assurance of their strong financial futures.

2014 Financing OWDA had one bond issuance to raise

funds for its ongoing programs during

2014.

On May 1, 2014, the OWDA issued the

$333,815,000 State of Ohio WPCLF

Revenue Bonds Series 2014. Proceeds

of this issuance are to be used for

making loans to local governments for

wastewater infrastructure projects under

the WPCLF Program. The OEPA and the

OWDA jointly administer this program.

The bonds were rated Aaa by Moody’s

Investors Service and AAA by Standard

and Poor’s Ratings Services. Moody’s

stated, “The Aaa rating reflects the strong

security provided by the size, diversity

and credit quality of the loan pool, the

pledge of substantial funds and… cross-

collateralization of the WPCLF and the

DWAF programs, and the Authority’s

established track record of successful

management of this and other programs.”

Solid Waste/ Past, Present & FutureIn the past, early settles disposed of unwant ed items much as the native population had prior to them—building a pit outside the back door or burning it. As the population grew, controll ing solid waste became more centralized. Communities coll ected trash and disposed of it in l arge l andfills. More recently, citizens have become more supportive of recycl ing and reuse. In addition as communities have grown, areas where l andfills once were are centrall y l ocated and are a valuable resource. These areas have been cleared up in order to be put into new uses.

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Established in 1992, the Fresh Water Program replaced OWDA’s original revolving loan program.

During 2014, the Fresh

Water Program funded 97

loans totaling $227,131,182;

consisting of 32 water

construction loans for

$89,774,025; 31 wastewater

construction loans for

$127,169,310; 18 water planning

and design loans for $3,634,949; and 16

wastewater planning and design loans for

$6,552,898. This is an increase of 58%

from the 2013 loan level. Loans from

the program provide financing to local

governments for the costs of planning,

designing, acquiring and constructing

wastewater collection and treatment

facilities, and drinking water distribution

and treatment facilities.

During 2014, OWDA adjusted the

method of setting interest rates for the

Fresh Water Program. Historically, the

Authority has used the Bond Buyer

GO 20 Bond Index. On December 11,

2014, the OWDA Board approved the

use of the Municipal Market Data index

for setting our loaning rates. This index

Dramatic Increase in Fresh Water Funding

more closely mirrors the bond market

and OWDA’s borrowing rates. It will have

the impact of lowering interest rates that

local governments pay in the near future.

(See December interest rates on chart).

Communities receiving loans under the

Fresh Water Program can still receive as

much as a 1.0% discount to the standard

interest rate. Loans to an individual local

government are limited, annually, to a

$15 million total at a 1.0% discount with

an additional $10 million available at a

0.5% discount. Fresh Water loans have a

maximum term of 30 years. The criteria

for communities to receive each 0.5%

interest rate discount are:

• to be under Findings and Orders from

the Ohio Environmental Protection

Agency (Ohio EPA);

• to connect to another system for

treatment services;

• to have been a previous borrower from

the OWDA revolving loan fund;

• to purchase another system;

• to address health concerns; or

• to have a state-approved Balanced

Growth Plan

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The largest Fresh Water loan was made

to the City of Fremont for $58,068,001.

The proceeds of the loan were used

to replace the existing plant that was

originally built in 1946. The new plant

will increase capacity from 10 million

gallons per day to 24 million gallons

per day. This increased capacity will

significantly reduce the number of

combined sewer overflows (CSOs) from

the City’s collection system resulting in

improvements to the water quality of the

Sandusky River.

The second largest Fresh Water loan

was made to the City of Piqua for

$45,667,800. The City is building a new

water treatment plant that will process

6.75 million gallons per day. The existing

plant that was built in the 1940s has a

capacity of 4.5 million gallons per day

which is insufficient to keep up with

growing demand.

As part of the interest rate revision

of the Fresh Water Loan Program,

the Community Assistance Program

loans will now be made from the Fresh

Water Program. Created in 1997,

the Community Assistance provided

construction loans at a rate of 2.0% to

local governments that:

• will have projected residential

user charges above 1.1% of the

community’s median household

income (MHI) for drinking water

projects;

• will have projected residential

user charges above 1.5% of the

community’s MHI for wastewater

projects; or

• will have combined projected user

charges of 2.6% or more of the

community’s MHI.

The maximum award for a

Community Assistance project is

$3,000,000.

Under the new interest rate

scenario, communities that qualify

for the Community Assistance

rate will receive loans at 150 basis

points off the standard rates for the

Fresh Water Program based on the term

of the loan. Qualifying borrowers for this

lower interest rate will no longer qualify

for discounts as previously defined under

the program.

Wastewater/ Past, Present & FutureIn the past, there was little wastewater treatment. Early settles in Ohio had pit privies and open ditches. These were later replaced by buried sewes that took waste directly to open rives. Dilution initiall y was able to handle wastes. As the population grew, this was no

Fresh Water Interest Rates

January 4.66 %

February 4.65 %

March 4.49 %

April 4.45 %

May 4.40 %

June 4.30 %

July 4.31 %

August 4.34 %

September 4.29 %

October 4.18 %

December 3.28 %

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l onger possible. Early wastewater treatment plants removed solids from the waste stream. This is primary treatment. Secondary treatment includes nutrient removal and effl uent disinfection. In the future, wastewater may be treated to the level where it can be reused for either potable or non-potable uses.

During 2014, the Water Pollution Control Loan Fund (WPCLF) made loans for 46 construction projects totaling $285,536,284 and 39 planning and design projects totaling $31,095,570.

The 2014 total WPCLF funding of

$316,631,854 was a decrease from

the 2013 level of $344,270,690. The

WPCLF was started in 1989 from

capitalization grants provided by

the federal government through

the Clean Water Act. The WPCLF,

which below market-rate loans to

Ohio’s communities to undertake

improvements to their wastewater

collection and treatment systems,

is jointly administered by OEPA

and OWDA.

The largest WPCLF loan in 2014 went

to the City of Toledo for construction

of a combined sewer overflow (CSO)

storage basin, influent pumping station

and transport sewer to capture combined

storm and sanitary flow for subsequent

treatment and reduce the frequency

and duration of CSOs. This $80,670,722

project is required by a Consent Decree

with the United States Environmental

Protection Agency (US EPA) and Ohio

EPA to make these improvements.

The WPCLF also made a $52,547,928

loan to the City of Canton for conversion

of the existing activated sludge plant.

The new plant will have biological nutrient

removal with membrane biological

reactors for phosphorus and total

nitrogen removal. The project includes

a Water Resource Restoration Sponsor

Project (WRRSP) for the Lowellville Dam

removal for $2,380,000. The WRRSP

was established in 2000 to allow WPCLF

loan recipients to sponsor environmental

projects that benefit water quality.

Various environmental organizations

implement the projects, which can

WPCLF Lending Exceeds $300 Million

WPCLF 20-Year Construction Interest Rates

January 3.38 %

February 3.44 %

March 3.33 %

April 3.20 %

May 3.16 %

June 3.09 %

July 3.07 %

August 3.09 %

September 3.06 %

October 2.96 %

December 2.78 %

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include such things as the purchase of

land or conservation easements; and

the preservation and maintenance of

wetlands, stream banks or conservation

areas. The funds are rebates of interest

payments from the sponsor’s traditional

construction loan for wastewater

treatment facilities. During 2014, the

WPCLF funded six WRRSP projects

totaling $9,304,232.

DWAF Program Provides Funding for 58 ProjectsThe Drinking Water Assistance Fund

(DWAF) awarded 48 construction loans

totaling $45,975,242 and 10 planning

and design loans for $3,466,401 during

2014. The $49,441,643 provided to 58

projects was a 45% decrease over the

2013 funding level of $90,447,493. The

DWAF Program was created in 1998

with capitalization grants from the U.S.

EPA, under the Safe Drinking Water Act

Amendments of 1996, to provide funds

to public water systems for the cost

of facility improvements to meet Safe

Drinking Water Act standards.

The largest 2014 DWAF loan was

made to the City of Canton in Stark

County for $10,513,168. The project will

replace 39,000 residential water meters

and transmitters for the City’s water

system. The project will aid the City in

management of both the water and billing

of the system.

Agriculture/ Past, Present & FutureIn the early 19th century, Ohio was one of the nation’s leading states in crop production. Today agriculture is one of Ohio’s major industries. With the ad vent of modern technology and fertilizes, farming has had a significant impact on the wates of Ohio. Nutrients in the water have created algal bloom outbreaks in the lakes of Ohio including Lake Erie. In the future, communities will need to address how to treat water for harmful algal bloom outbreaks in order to protect the citizens of the State.

DWAF 20-Year Construction Interest Rates

January 3.38 %

February 3.44 %

March 3.33 %

April 3.20 %

May 3.16 %

June 3.09 %

July 3.07 %

August 3.09 %

September 3.06 %

October 2.96 %

December 2.78 %

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At the October 30, 2014 Board meeting, the OWDA awarded five project grants totaling $830,287 from the Research and Development (RD) Endowment Grant Fund. Since its inception, the RD Program has

awarded 124 grants totaling

$19,756,012.

Created in 1985, the

RD Grant Program

supports research

institutions in

developing new

and innovative

means to treat,

control, prevent or

minimize pollution.

OWDA works with other

State agencies, universities

or colleges, or local governments

to develop cutting-edge methods and to

pass them on to all of Ohio’s communities

to both protect the environment and to

provide financial savings.

The OWDA Board awarded Bowling

Green State University (BGSU) a

$230,154 grant for Evaluation of

Wastewater Treatments to Reduce

Nutrient Transport for Land Application

of Dairy Manure. The goal of this project

is to develop a low cost dewatering

treatment process that will transform

manure into a form that will reduce

nutrient runoff. Application of animal

wastes on fields even at recommended

rates can cause nutrients to move

into receiving water, which can cause

harmful algal blooms. This phase 1 of

the study will design a pilot study and

test equipment. BGSU will collaborate

with the United States Geological Survey

(USGS), The Ohio State University and

the Village of Ottawa.

The Ohio State University Research

Foundation received three grants.

The first was a $133,825 grant for

Nutrient Removal from Slaughter House

Wastewater in a Sand Bioreactor/

Greenhouse System-Phase 2. Phase 1

of this study, which was awarded in 2011,

found that a hydroponic system was a

feasible approach to remove nutrients

while growing plants. As part of the

preliminary study, a small greenhouse

Research and Development Grants Concentrate on Future Water Quality Issues

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was installed in a meat-processing

plant. Phase 2 will construct a full-scale

greenhouse to measure nutrient removal

from the meat processing wastewater.

In addition, a range of grasses and

temperature management strategies will

be evaluated.

The second grant for The Ohio State

University Research Foundation was

for Opening the Microbial Black Box:

Identifying Microbial Enzymatic Control

on Carbon Stability in Ohio Wetlands.

The $197,882 study will measure

wetland dissolved organic matter

(DOM) degradability, identify enzymes

and microorganisms responsible for

mediating DOM degradation and develop

a model predicting the role for biological,

hydrological and atmosphere processes

in controlling carbon emissions from

wetlands. Natural DOM is present

in wetland surface waters and is

largely responsible for participating in

geochemical reactions that affect wetland

functions. Understanding the impact of

degradation of pesticides, agricultural

runoff and carbon emissions will assist in

the preservation and restoration of Lake

Erie’s remaining coastal wetlands.

Optimizing Activated Carbon Removal of

Algal Blooms received the third grant of

$122,926 for The Ohio State University

Research Foundation. In Ohio, blooms

of Microcystis (MC) have occurred in

Lake Erie. Removal of MC through

conventional water treatment processes

remains a challenge. Local governments

rely on the limit for MC proposed by the

World Health Organization. There is a

high level of uncertainty regarding optimal

removal conditions due to strong removal

dependence on the composition of the

raw water. The project will investigate

the effectiveness of algal toxin removal

by combining ozonation with biologically

active granular activated carbon (BAC).

The research will determine whether the

combination of ozonation with BAC is a

viable alternative to existing approaches

to cyanotoxins and how water

characteristics influence the removal.

The USGS received a $145,500 grant for

Occurrence and Isotopic Characteristics

of Natural Biogenic Methane in Ohio

Aquifers. The objective of this project is

to document the occurrence and isotopic

characteristics of natural methane in Ohio

aquifers. Biogenic methane forms by

microbial breakdown of organic matter

that occurs naturally in aquifers. Water

samples from domestic wells in eastern

and southwestern Ohio will be tested for

dissolved gases, methane composition,

isotopic characteristics, dissolved organic

carbon, and inorganic constituents.

USGS will also study the relationship

between methane, arsenic and other

water quality constituents. Results of

the study will aid in the determination of

the source of methane detected in water

wells, which is a potential health risk to

private well owners.

Stormwater/ Past, Present & FutureAs the State of Ohio grew there was little concern that building upon the l and would effect the water quality or flooding within the State. The floods of 1913 showed Ohio’s citizens that this was not the case. The creation of the Miami conservancy District was one of the first steps that was taken to address stormwater and its impact. As more and more l and is paved, it has become an even greater concern. Today communities are addressing the need for continued growth but the necessity to control the runoff from these developments. New developments are using permeable paves, bio-swales, stormwater coll ection and reuse to address this growing concern.

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During 2014, OWDA awarded $1,500,000 from the Un-Sewered Area Assistance Program (USAA) for three projects that would provide sewers to the smallest and neediest communities in Ohio. Developed in 2013 to address the dramatic financial need

in small un-sewered areas, the OWDA

Board created the USAA Program to

provide additional financial assistance to

communities undertaking the

construction of new sewage

treatment projects that had received

funding from multiple agencies, yet

are still unaffordable. To be eligible,

communities must have documented

failing individual septic systems, a MHI

below the State’s average MHI, and

documentation of application for other

grant funds. OWDA originally set aside

$7,500,000 for principal forgiveness

loans to these projects and during 2014,

approved an additional $5,000,000 for

funding for projects that will provide

sewers to the smallest and neediest

communities.

In 2014, OWDA approved three

Alternative Stormwater Infrastructure

Program (ASIP) loans. In 2010, at the

request of ODSA, OWDA created the

ASIP to address the ever-increasing need

to control, treat and diminish stormwater

runoff. The Columbus-Franklin County

Finance Authority was approved for an

$8,000,000 loan for the Dublin Bridge

Street District, a multi-use development

along the Scioto River. The funding

will pay for the costs of underground

detention basins, a stormwater drainage

network and permeable paver system

for the development. A $3,378,727

loan was made to the City of Newark

to modify stormwater collection in the

Courthouse Square area. This is part of

a larger wastewater project to reduce and

eliminate CSOs. The final ASIP loan was

made to the Cleveland-Cuyahoga county

Port Authority to aid the Shoppes of

Parma to retrofit a shopping mall parking

lot to reduce stormwater runoff.

The Brownfield Loan Program also

teams up with ODSA. The two agencies

approved a $278,120 loan to Geiger

Excavating, Inc. for a Phase II analysis of

a former solid waste dump in Gahanna.

To date, six loans have been made from

this program since collaborating with

ODSA.

In December, OWDA along with The

Nature Conservancy (TNC), the U.S.

OWDA Focuses on the Future

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Army Corps of Engineers and the

OEPA executed the Ohio Stream and

Wetland Mitigation In-Lieu-Fee Program

Instrument. Under the Instrument, TNC

will sell compensatory mitigation credits

to permittees for unavoidable impacts

under the Sections 404 and 401 of the

Clean Water Act. OWDA will assist in the

financial management of the program.

During 2014, several personnel changes

occurred at OWDA. Daniel Bunn,

Engineering Specialist, who had worked

for the Authority for 17 years and Sue

Smith Farmer, Chief Loan Officer, who

had worked for the Authority for 24 years

retired. OWDA hired Daniel P. Gill, P.E.,

to manage the RD Program and disburse

funds to OWDA borrowers.

The OWDA will continue to build on its

past of aiding the local governments

of Ohio in constructing environmental

infrastructure. We will be ready to

serve them in the present so that

they can look to a brighter future of a

cleaner environment. We will continue

to change with the technology and

the environmental problems that are

presented to us by developing new

and innovative programs. As Governor

Kasich says, “We will create the stronger,

better Ohio that we all want.”

Industrialization/Past, Present & FutureEarly industrialization took place in the 1800s l argely because of Ohio’s water resource. Many of the first manuf actures were mills that were powered by water. As industrialization continued through the last two centuries, the jobs it provided help Ohio grow. As industry dropped off in Ohio many former industrial sites were left abandoned and poll uted. Today we are cleaning these brownfields up to use these properties for parks, residential developments and new morn technology employes.

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Summary of Loans and GrantsSummary of Loans 2014 2013 % of 2013Project Type No. Amount No. Amount

PLANNINGWater 28 $7,101,350 25 $ 7,809,346 90.9%Wastewater 55 37,648,468 36 53,374,255 70.5%Brownfield 1 278,120 0 0 N/ASubtotal 84 $45,027,938 61 $61,183,601 73.6%

CONSTRUCTIONWater 80 135,749,267 81 175,644,633 77.3%Wastewater 80 414,205,594 99 360,018,872 115.1%Alternative Stormwater 3 16,378,727 1 12,000,000 136.5%Brownfield 1 3,596,492 2 3,536,797 101.7%Subtotal 164 $569,930,080 183 $551,200,302 103.4%

Total 248 $614,958,018 244 $612,383,903 100.4%

Research and Development Grants Amount Bowling Green State University $ 230,154The Ohio State University Research Foundation 133,825The Ohio State University Research Foundation 197,882The Ohio State University Research Foundation 122,926US Geological Survey 145,500 Total $830,287

Funding Codes ASLF Other Projects Fund-Alternative Stormwater Loan Fund Account BR Other Projects Fund-Brownfield Loan Fund Account CA Community Assistance Fund DWAF Drinking Water Assistance Fund FW Fresh Water Fund USAA Other Projects Fund-Un-sewered Area Assistance Account WPCLF Water Pollution Control Loan Fund

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Water Planning

Alternative Stormwater

Brownfield

Recipient County Fund Amount

Cleveland-Cuyahoga County Port Authority Cuyahoga ASLF $ 5,000,000

Columbus-Franklin County Finance Authority Franklin ASLF 8,000,000

Newark Licking ASLF 3,378,727

Total $16,378,727


Cleveland Euclid Hotel Associates, LLC Cuyahoga BR $3,596,492

Geiger Excavating, Inc. Franklin BR 278,120

Total $3,874,612


Amanda Fairfield FW 60,100

Bellville Richland FW 109,700

Bishopville Water District Morgan FW 50,000

Brilliant Water & Sewer District Jefferson FW 40,100

Brunersburg Water & Sewer District Defiance DWAF 87,210

Bucyrus Crawford FW 893,236

Cleves Hamilton FW 150,000

Crooksville Perry FW 357,300

DeGraff Logan DWAF 10,540

Kingston Ross FW 182,135

Mahoning Valley Sanitary District Trumbull FW 242,847

Mahoning Valley Sanitary District Trumbull FW 335,169

Mercer County Mercer FW 70,400

Miamisburg Montgomery DWAF 753,277




Montgomery County Montgomery FW 75,000



Painesville Lake FW 333,162

Port Clinton Ottawa DWAF 35,011

Racine Meigs FW 73,000

Toledo Lucas DWAF 1,372,350

Tuppers Plains-Chester Water District Meigs DWAF 139,633

Twin City Water & Sewer District Tuscarawas DWAF 93,222

West Jefferson Madison FW 450,000

West Salem Wayne FW 62,800

Total $7,101,350

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Water ConstructionRecipient County Fund Amount

Akron Summit FW $699,374Akron Summit FW 2,630,871Akron Summit FW 10,002,958Arlington Hancock DWAF 250,647Barberton Summit DWAF 2,454,277Barberton Summit DWAF 790,680Bellville Richland FW 952,165Bethel Clermont FW 2,792,345Bethesda Belmont DWAF 194,676Bridgeport Belmont DWAF 304,590Bridgeport Belmont DWAF 755,676Cadiz Harrison DWAF 548,064Cadiz Harrison DWAF 150,150Canton Stark DWAF 10,513,168Cincinnati Hamilton DWAF 734,813Cincinnati Hamilton DWAF 1,263,559Cincinnati Hamilton DWAF 1,057,720Cincinnati Hamilton DWAF 949,351Cincinnati Hamilton DWAF 890,390Cincinnati Hamilton DWAF 1,272,870Cincinnati Hamilton DWAF 1,480,144Cleves Hamilton DWAF 1,162,002Cleves Hamilton FW 290,000East Sparta Stark FW 1,466,363Grafton Lorain FW 290,637Jefferson County Jefferson DWAF 211,326Jefferson County Jefferson DWAF 857,456Lodi Medina FW 228,715Lorain Lorain FW 4,664,787Lorain Lorain FW 469,387Louisville Stark FW 500,000Madison Water District Richland DWAF 92,023Madison Water District Richland DWAF 138,034Mahoning Valley Sanitary District Trumbull DWAF 2,449,765Mahoning Valley Sanitary District Trumbull DWAF 4,653,115Malvern Carroll FW 440,720McComb Hancock DWAF 101,350Milford Clermont DWAF 266,178Milford Clermont DWAF 65,601


Milford Clermont DWAF 489,460Monroe Water Systems Monroe FW 3,000,000Monroe Water Systems Monroe FW 1,014,000Morgan-Meigsville Rural Water District Morgan FW 1,947,923Muskingum County Muskingum DWAF 206,800Muskingum County Muskingum DWAF 947,164Muskingum County Muskingum DWAF 64,579Muskingum County Muskingum DWAF 262,029Muskingum County Muskingum DWAF 1,734,982New Carlisle Clark DWAF 574,865Northern Area Water Authority Montgomery FW 614,734Northwestern Water & Sewer District Wood DWAF 355,330Northwestern Water & Sewer District Wood DWAF 1,102,524Northwestern Water & Sewer District Wood DWAF 711,136Northwestern Water & Sewer District Wood FW 369,426Norwalk Huron FW 668,650Oak Hill Jackson DWAF 138,794Old Straitsville Water Association Hocking DWAF 185,735Old Straitsville Water Association Hocking DWAF 241,400Peebles Adams FW 241,000Piqua Miami FW 45,667,800Plymouth Huron DWAF 300,817Plymouth Huron DWAF 712,434Pomeroy Meigs DWAF 510,025Pomeroy Meigs DWAF 215,352Port Clinton Ottawa FW 334,096Rawson Hancock FW 50,000Rio Grande Gallia DWAF 128,824Rio Grande Gallia DWAF 364,028Seaman Adams CA 40,000Thurston Fairfield FW 3,000,000Thurston Fairfield FW 281,773Trumbull County Trumbull FW 381,417

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Akron Summit WPCLF $781,132Akron Summit WPCLF 1,061,357Butler Richland WPCLF 60,400Byesville Guernsey FW 82,473Caldwell Noble WPCLF 63,000Caldwell Noble WPCLF 146,590Covington Miami WPCLF 103,700Crestline Crawford WPCLF 33,503Delta Fulton WPCLF 250,845Elida Allen WPCLF 124,950Euclid Cuyahoga FW 1,405,654Euclid Cuyahoga WPCLF 1,787,919Euclid Cuyahoga WPCLF 98,287Frankfort Ross FW 100,000Franklin County Franklin WPCLF 125,790Gallia County Gallia FW 225,000Gallia County Gallia FW 200,000Geneva Ashtabula WPCLF 84,000Harrison County Harrison WPCLF 42,000Hartford Licking FW 7,938Hopedale Harrison WPCLF 45,000Jackson Jackson WPCLF 52,700Jackson Jackson WPCLF 289,800Leesburg Highland FW 114,000Manchester Adams WPCLF 245,035Marietta Washington WPCLF 57,500McConnelsville Morgan FW 224,200Miamisburg Montgomery WPCLF 1,142,075Miamisburg Montgomery WPCLF 943,110Miamisburg Montgomery WPCLF 156,345


Tuppers Plains-Chester Water District Meigs DWAF 34,414Tuppers Plains-Chester Water District Meigs DWAF 225,000Urbana Champaign DWAF 2,861,925Valley View Water and Sewer District Montgomery FW 1,670,173

Wastewater Planning


Warren Trumbull FW 705,727West Salem Wayne FW 2,638,984West Union Adams FW 1,640,000West Union Adams FW 80,000 Total $135,749,267

Recipient County Fund Amoun

Miamisburg Montgomery WPCLF 267,750Miamisburg Montgomery WPCLF 229,320Miamisburg Montgomery WPCLF 2,414,363Mifflin Ashland FW 221,997New Boston Scioto WPCLF 96,095Newport Water & Sewer District Washington FW 134,670Niles Trumbull FW 2,631,000Northwestern Water & Sewer District Wood WPCLF 30,000Northwestern Water & Sewer District Wood WPCLF 60,000Ottawa Putnam WPCLF 136,500Paulding Paulding FW 377,316Plymouth Huron FW 80,000Portsmouth Scioto FW 643,950Quaker City Guernsey FW 84,000Rockford Mercer WPCLF 126,000Seven Hills Cuyahoga WPCLF 585,850Shelby County Shelby WPCLF 291,112Southington Water District Trumbull WPCLF 10,000Summit County Summit WPCLF 910,399Summit County Summit WPCLF 167,273Summit County Summit WPCLF 863,457Toledo Lucas WPCLF 16,978,091Toronto Jefferson WPCLF 31,500Toronto Jefferson WPCLF 202,822Tuscarawas Tuscarawas FW 20,700 Total $37,648,468

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Ada Hardin WPCLF $15,012,450

Akron Summit FW 1,881,563




Akron Summit WPCLF 11,014,925

Akron Summit WPCLF 17,899,500

Allen County Allen FW 3,854,110



Ashtabula Ashtabula FW 1,181,755

Bellville Richland WPCLF 407,988

Brewster Stark WPCLF 5,150,504

Butler Richland WPCLF 372,881

Caldwell Noble WPCLF 1,631,431

Canton Stark WPCLF 52,547,928

Cardington Morrow WPCLF 168,509

Cecil Paulding FW 59,989

Chardon Geauga WPCLF 765,410

Columbus Grove Putnam WPCLF 5,477,199

Conneaut Ashtabula WPCLF 593,207

Crestline Crawford WPCLF 686,877

Cumberland Guernsey WPCLF 250,000

Defiance Defiance FW 344,188

Delta Fulton CA 2,254,077

Delta Fulton FW 193,218

Delta Fulton FW 745,923

Dillonvale-Mount Pleasant Wastewater District Jefferson WPCLF 31,449

Euclid Cuyahoga WPCLF 5,717,201



Fremont Sandusky FW 58,068,001

Gallipolis Gallia WPCLF 7,274,530

Georgetown Brown WPCLF 250,000

Glenford Perry USAA 500,000

Glenford Perry WPCLF 330,883

Grafton Lorain FW 340,028

Hartford Licking WPCLF 69,124

Highland County Highland FW 492,715

Holmesville Holmes FW 69,853

Licking County Licking USAA 250,000

Licking County Licking WPCLF 1,809,739

Lima Allen FW 15,000,000

Lisbon Columbiana WPCLF 902,457

Lowellville Mahoning FW 986,706

Malta Morgan WPCLF 426,756

Mechanicsburg Champaign FW 1,249,253

Medina County Medina FW 183,000

Medina County Medina FW 750,000

Montpelier Williams WPCLF 1,317,013

Mount Orab Brown WPCLF 661,563

New Athens Harrison WPCLF 4,676,591

New Boston Scioto WPCLF 223,708

New Boston Scioto WPCLF 323,409

Noble County Noble WPCLF 100,000

Noble County Noble WPCLF 25,000

Northeast Ohio Regional Sewer District Cuyahoga WPCLF 35,000,000

Northwestern Water & Sewer District Wood WPCLF 383,695

Northwestern Water & Sewer District Wood WPCLF 1,874,505


Northwestern Water & Sewer District Wood WPCLF 1,381,592


Parma Cuyahoga WPCLF 3,471,800

Pike County Pike FW 100,400

Recipient County Fund Amount Recipient County Fund Amount

Wastewater Construction

19

Polk Ashland FW 1,393,709

Polk Ashland USAA 750,000

Portsmouth Scioto FW 3,929,250

Sandusky County Sandusky FW 1,216,037

Sardinia Brown FW 195,133

Sebring Mahoning WPCLF 374,675

Summit County Summit FW 316,103

Summit County Summit FW 484,797

Summit County Summit WPCLF 189,750

Toledo Lucas FW 1,499,439

Toledo Lucas FW 3,230,000

Toledo Lucas WPCLF 12,497,765

Toledo Lucas WPCLF 80,670,722

Trumbull County Trumbull WPCLF 1,733,336

Vermilion Erie WPCLF 2,623,690

Wintersville Jefferson WPCLF 2,290,249

Total $414,205,594


OWDA Loan History by County

20

Adams $32,529,529Allen 250,744,192Ashland 15,424,621Ashtabula 86,682,390Athens 79,621,913Auglaize 40,780,186Belmont 60,942,456Brown 46,680,779Butler 138,176,122Carroll 25,170,090Champaign 64,083,712Clark 111,856,977Clermont 38,669,896Clinton 22,566,408Columbiana 87,320,831Coshocton 21,690,748Crawford 36,730,457Cuyahoga 1,825,807,497Darke 38,469,345Defiance 79,858,236Delaware 96,181,305

Erie 193,006,620Fairfield 185,202,377Fayette 37,743,490Franklin 1,571,485,991Fulton 67,688,456Gallia 28,556,509Geauga 69,010,425Greene 135,369,759Guernsey 50,481,486Hamilton 516,445,407Hancock 81,251,345Hardin 50,547,160Harrison 22,524,866Henry 36,706,763Highland 51,815,034Hocking 16,040,072Holmes 11,700,245Huron 94,348,961Jackson 26,735,103Jefferson 139,352,635Knox 48,850,494

Lake 274,202,808Lawrence 81,407,971Licking 252,600,676Logan 16,997,355Lorain 418,513,529Lucas 852,033,590Madison 91,857,693Mahoning 164,939,912Marion 57,604,987Medina 297,393,006Meigs 28,445,383Mercer 30,904,707Miami 106,226,508Monroe 14,613,793Montgomery 346,647,529Morgan 12,154,112Morrow 26,456,845Muskingum 109,307,507Noble 20,806,876Ottawa 109,120,889Paulding 22,743,223Perry 53,988,899Pickaway 42,925,352Pike 16,703,029Portage 98,816,769Preble 31,877,810Putnam 53,636,427Richland 21,521,076Ross 17,482,029Sandusky 141,820,921Scioto 50,218,130Seneca 14,647,141Shelby 29,740,552Stark 326,774,847Summit 509,427,701Trumbull 247,500,986Tuscarawas 89,278,412Union 7,510,287Van Wert 30,473,705Vinton 6,952,864Warren 56,058,340Washington 41,592,642Wayne 74,952,978Williams 44,030,392Wood 207,686,008Wyandot 39,501,483 Total $ 12,224,948,567

0 - $25 million $25 - $50 million $50 - $75 million $75 - $100 million$100 - $250 millionGreater than $250 million

James P. Joyce, ChairmanColumbus

Jimmy V. Stewart, Vice-ChairmanAlbany

Gloria J. FaussUtica

Loree K. SoggsNorth Royalton

David J. Goodman, DirectorOhio Development Services AgencySadicka D. White, Designee

James J. Zehringer, DirectorOhio Department of Natural ResourcesAndy D. Ware, Designee

Craig T. Butler, DirectorOhio Environmental Protection AgencyCindy Hafner, Designee

Steven J. Grossman, Executive DirectorScott L. Campbell, Chief Financial Officer/Assistant Executive DirectorKen J. Heigel, P.E., Chief Program OfficerThomas D. Chamberlain, Manager of Information SystemsRobyn R. McComb, Senior Accounting ManagerTodd E. Skruck, Senior Accounting ManagerChristine M. Buckner, Accountant Daniel P. Gill, P.E., EngineerStephen D. Mack, P.E., EngineerNancy E.F. Hugus, Human Resources ManagerLeslie A. White, Accounting SpecialistMargaret D. Cline, Accounting SpecialistJacqueline Payne, Records Management SpecialistMary E. Caleb, Secretary

Special CounselSquire Patton Boggs (US) LLP

General CounselMartha J. SweterlitschBenesch, Friedlander, Coplan & Aronoff LLP

Financial AdvisorPublic Financial Management, Inc.

TrusteesThe Huntington National BankUS BankThe Bank of New York Mellon Trust Company

Arbitrage/Rebate ConsultantThe Arbitrage Group, Inc.

Investment ManagersPNC Capital AdvisorsNeuberger Berman RBC Global Asset ManagementPublic Trust AdvisorsWells Capital Management

The Ohio Water Development Authority does not discriminate on the basis of race, color, national origin, sex, sexual orientation, religion, age or disability in employment or the provision of services and encourages the adoption and implementation of fair-hiring practices by its loan and grant recipients.

21

Staff

Board of Directors

Ex-Officio Members of the Board

Technical Advisors

Ohio Water Development Authority480 South High Street, Columbus, Ohio 43215

1 877 OWDA 123 Toll Free614 466-5822 Fax: 614 644-9964

www.owda.org

OWDA is a self-supporting agency; therefore, no tax dollars were used

in the production of the Annual Report

Printed on Recycled Paper

@ohiowater

VisionTo continue to provide financial assistance for environmental infrastructure by:• being responsive to the needs of l ocal government agencies• enhancing the provision of financial and technical assistance• developing new financial assistance products for the private sector; and• facilitating statewide cooperation for environmental infrastructure financing.

MissionTo provide financial assistance for environmental infrastructure from the sale of municipal revenue bonds through l oans to l ocal governments in Ohio and from issuance of industrial revenue bonds for qualified projects in Ohio.

Ohio Water Development Authorityprojects. In the Ohio Water Development Authority’s 46-year history, this is our fourth largest funding level. The Ohio Water Development Authority

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