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capital facilities,
land use, permitting, feasibility, marketing, project engineering, design, site
planning and project debt and revenue impacts. When considering planning applications, the
Board will give priority to those projects which could ultimately result in a type of project
eligible for CERB construction funds.
Rural communities may receive loans and grants for public infrastructure to enable future
business development. Jurisdictions in rural counties and rural communities may apply for the
Prospective Development program if an economic feasibility study demonstrates that private
business development is likely to occur as a result of the public improvements. Other
requirements include: evidence from an economic feasibility study that the project will lead to
the creation of a significant number of permanent jobs or generate significant private capital
investment. Applicants must also demonstrate the need for CERB assistance and that no other
timely source of funds is available at a reasonably similar rate to the current CERB rate.
Brownfields Revolving Loan Fund
The Brownfields Revolving Loan Fund facilitates public and private sector cleanup and
redevelopment of commercial or industrial brownfield properties that are idled, underutilized
or abandoned as a result of contamination (real or perceived). Much of the technical assistance
provided by Commerce's Brownfields Revolving Loan Fund (BRLF) involves getting sites ready
for development. Potential sites are analyzed to determine whether a site’s local economy will
grow enough to assure successful redevelopment. Sites located within sufficient growth
markets are put into the BRLF “Pipeline.”
Washington State Parks
Washington State Parks administers the Clean Vessel Act funding, which is a federal
program.
In 1992, Congress passed the Clean Vessel Act to help reduce pollution from vessel sewage
discharges into U.S. waters. The grant program established by the Act funds the construction,
renovation, operation and maintenance of pumpouts and dump stations for use by recreational
boaters. As part of its commitment to provide clean, safe and enjoyable recreational boating in
Washington, the State Parks Boating Programs Office serves as the grant coordinator for
Washington. The program also provides educational outreach to promote public awareness
about boat sewage and its proper disposal.
The Clean Vessel Act grant funds are available to both the public and private sector boating
facility operators. This includes governmental entities and private businesses operating public
boating facilities in Washington State. In order to qualify for a grant the pumpout must be
available to recreational boaters during the facilities normal business hours.
The grant will reimburse recipients for up to 75% of the installed cost of pumpouts and
dump stations. This includes the cost of new equipment, renovation of existing equipment,
pumps, piping, lift stations, on-site holding tanks, pier or dock modifications, signs, permits
and other miscellaneous equipment needed for a complete and efficient disposal system. The
grant will not pay for the construction or renovation of upland restroom facilities, sewage
treatment plants, septic tanks, leach fields, private and municipal treatment plants or other
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special treatment devices. The grant also will reimburse 75% of the facilities allowable annual
operation and maintenance expenses. Floating restrooms may not be attached to shore or to any
structure that is attached to shore.
Grant recipients are responsible for at least 25% of the installed cost of pumpout and dump
station facilities provided for under the grant program. This 25% match can be the fair market
value of any labor or materials provided, cash, or a combination thereof. Grant money cannot
be used to pay for costs of pumpout stations installed before a grant agreement is signed by
both parties.
Federal Financing Options
Federal programs such as the Economic Development Administration, Rural Economic
Community Development are also available. Most federal programs are tied to rates of high
unemployment which is applicable to Cowlitz County. The only federal program specifically
designed to assist in waterfront projects is under the U.S. Army Corps of Engineers (USACE).
In addition, the new Intermodal Surface Transportation and Efficiency Act (ISTEA) may be used
to fund road and rail access improvements.
US Department of Transportation (USDOT)
Transportation Investment Generating Economic Recovery (TIGER Discretionary Grant program)
The Transportation Investment Generating Economic Recovery, or TIGER Discretionary
Grant program, provides a unique opportunity for the DOT to invest in road, rail, transit and
port projects that promise to achieve critical national objectives. Since 2009, Congress has
dedicated more than $4.1 billion for six rounds to fund projects that have a significant impact on
the Nation, a region or a metropolitan area.
The TIGER program enables DOT to examine a broad array of projects on their merits, to
help ensure that taxpayers are getting the highest value for every dollar invested. In each
round of TIGER, DOT receives many applications to build and repair critical pieces of our
freight and passenger transportation networks. Applicants must detail the benefits their project
would deliver for five long-term outcomes: safety, economic competitiveness, state of good
repair, livability and environmental sustainability.
USDOT TIGER discretionary grants are awarded on a competitive basis for capital
investments in transportation projects that will have a significant impact on the nation, a
metropolitan area or a region.
The Transportation Infrastructure Finance and Innovation Act (TIFIA)
The Transportation Infrastructure Finance and Innovation Act (TIFIA) program provides
Federal credit assistance in the form of direct loans, loan guarantees, and standby lines of credit
to finance surface transportation projects of national and regional significance. TIFIA credit
assistance provides improved access to capital markets, flexible repayment terms, and
potentially more favorable interest rates than can be found in private capital markets for similar
instruments. TIFIA can help advance qualified, large-scale projects that otherwise might be
delayed or deferred because of size, complexity, or uncertainty over the timing of revenues.
Many surface transportation projects - highway, transit, railroad, intermodal freight, and port