Meetings / May 16, 2018 / Item 43

Item 43

approved amendment

May 16, 2018

Description

Authorize to amend a Clean Water State Revolving Fund loan agreement with the City of Lebanon (originally approved by G&C on 7-16-14, item #64), to decrease the loan amount by $8,804,128 from $10,624,835 to $1,820,707 for the CSO #11 Project. (2)Further authorize a Clean Water State Revolving Fund loan agreement with the City of Lebanon in an amount not to exceed $13,689,606 to finance the CSO #11 Phase 2 Construction Project. Effective upon G&C approval. 100% CWSRF Repayment Funds.

Amount
$13.7M
$8,804,128, $10,624,835, $1,820,707, $13,689,606
Funding Source
100% CWSRF Repayment Funds
Vote Record approved
Motion by Prescott, seconded by Pappas acted as follows
Joseph Kenney (R) yes
Andru Volinsky (D) yes
Russell Prescott (R) yes
Christopher Pappas (D) yes
Dave Wheeler (R) yes

Documents (1)

Item_43.pdf Open in new tab →
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