Meetings / Jun 5, 2019 / Item 124

Item 124

approved amendment

Jun 5, 2019

Description

Authorize to amend a Clean Water State Revolving Fund loan agreement with the City of Dover (originally approved by G&C on 2-10-26, item #47), to increase funding by $2,000,000 from $2,000,000 to $4,000,000. Effective upon G&C approval. 100% CWSRF Repayment Funds. (2)Further authorize a Clean Water State Revolving Fund loan agreement with the City of Dover, in an amount not to exceed $3,500,000 to finance the Catch Basin and Wet Well Cleanings Treatment Facility Project. Effective upon G&C approval. 100% CWSRF Repayment Funds. (3)Further authorize a Clean Water State Revolving Fund loan agreement with the City of Dover, in an amount not to exceed $30,000 to finance the Stormwater Asset Management Program Project. Effective upon G&C approval. 100% CWSRF Repayment Funds.

Amount
$4.0M
$2,000,000, $2,000,000, $4,000,000, $3,500,000, $30,000
Funding Source
100% CWSRF Repayment Funds; 100% CWSRF Repayment Funds; 100% CWSRF Repayment Funds
Vote Record approved
Motion by Cryans, seconded by Pignatelli acted as follows
Michael Cryans (D) yes
Andru Volinsky (D) yes
Russell Prescott (R) yes
Ted Gatsas (R) yes
Debora Pignatelli (D) yes

Documents (1)

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