Item 55
approved grantMar 25, 2020
Description
Authorize to award a grant to the Merrimack Village District, Merrimack, NH, in the amount of $1,450,000 for water system improvements. Effective upon G&C approval through September 1, 2023. (2)Further authorize to award a grant to Merrimack Village District, Merrimack, NH, in the amount not to exceed $6,264,500 to finance water system improvements. Effective upon G&C approval. 100% Drinking Water and Groundwater Trust Fund. (3)Further authorize a loan agreement with Merrimack Village District, Merrimack, NH, in the amount not to exceed $6,500,000 to finance water system improvements. Effective upon G&C approval. 79% Federal, 21% Capital (General) Funds.
Amount
$6.5M
$1,450,000, $6,264,500, $6,500,000
Department
DEPARTMENT OF ENVIRONMENTAL SERVICES
Funding Source
100% Drinking Water and Groundwater Trust Fund; 79% Federal; 21% Capital (General) Funds
Vote Record
approved
Motion by Prescott, seconded by Volinsky
Michael Cryans
(D)
yes
Andru Volinsky
(D)
yes
Russell Prescott
(R)
yes
Ted Gatsas
(R)
yes
Debora Pignatelli
(D)
yes
Documents (1)
Item_55.pdf
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