[breadcrumb-shortcode]

Water Infrastructure Protection Act (WIPA) Process

[vc_row equal_height=”yes” el_class=”mb-lg-4″][vc_column width=”1/3″][info-box-shortcode]

1.

Identify at least 1 Emergent Condition (EC)

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

2.

Schedule a pre-application meeting

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

3.

Hire an independent financial advisor to evaluate the public water utility

[/info-box-shortcode][/vc_column][/vc_row][vc_row equal_height=”yes” el_class=”mb-lg-4″][vc_column width=”1/3″][info-box-shortcode]

4.

Submit financial advisor report to BPU, DCA, DEP

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

5.

Hold a public hearing about the proposed EC

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

6.

Municipal governing body adopts resolution certifying existence of EC’s and submits copy to DEP, BPU, and DCA

[/info-box-shortcode][/vc_column][/vc_row][vc_row equal_height=”yes” el_class=”mb-lg-4″][vc_column width=”1/3″][info-box-shortcode]

7.

DEP has 30 days to approve or reject the existence of the EC

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

8.

Public notice of DEP’s approval of the EC (if granted)

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

9.

Proceed with advertisement, selection of buyer and negotiation of sale

[/info-box-shortcode][/vc_column][/vc_row][vc_row equal_height=”yes” el_class=”mb-lg-4″][vc_column width=”1/3″][info-box-shortcode]

10.

Office of State Comptroller sale or long-term lease agreement review

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

11.

Send the proposed sale or long-term lease contract to BPU for review

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

12.

BPU has 90 Days to approve or reject the proposed contract

[/info-box-shortcode][/vc_column][/vc_row][vc_row equal_height=”yes” el_class=”mb-lg-4″][vc_column width=”1/3″][info-box-shortcode]

13.

Separate petition for approval of the municipal consent to BPU

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

14.

After BPU approval, seek approval from DCA on use of sale proceeds

[/info-box-shortcode][/vc_column][vc_column width=”1/3″][info-box-shortcode]

15.

DCA has 30 days to approve or reject the use of sale proceeds

[/info-box-shortcode][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]For a detailed explanation of each step in the process chart above, please refer to the following document: WIPA Process Steps [/vc_column_text][/vc_column][/vc_row]