BUDGET IMPACT: $2,812,500.00 FUNDING SOURCE: (X) Capital Lowndes County has been pre-selected for a GEFA loan to install bypass pumps at our lift stations that are currently not equipped with backup capabilities. The loan amount is $2,812,500.00 with a principal forgiveness of $703,125.00. This will allow us to have backup capabilities at all of our lift stations. While we have applied for FEMA mitigation money, this will allow us to lock in current pricing and, potentially, have equipment in place before the next hurricane season. Staff recommends approval to submit the required paperwork for GEFA approval.