San Diego's aging storm drain system is getting a new deluge of cash. On Tuesday, Mayor Todd Gloria signed off on the first installment of a $733 million loan from the EPA which will fund more than 80 projects.
San Diego Mayor Todd Gloria on Tuesday signed off on a loan with the Environmental Protection Agency to fix up the city’s aging storm drain system.
That was demonstrated last weekend when the remnant of Hurricane Kay brought some much-needed rain to the region. She said it's a start, but because of the $274 million deficit in stormwater infrastructure each year, the city needs to come up with a long-term solution. The city has a $1.4 billion dollar stormwater infrastructure deficit. The EPA loan will cover roughly 49% of the deficit. The rest of the 51% will come from grants, loans and"other financing methods," according to the city.