Meetings / Jun 1, 2016 / Item 81

Item 81

approved

Jun 1, 2016

Description

Authorize a loan agreement with Pennichuck Water Works Inc., Merrimack, NH, to finance water system improvements, in the amount of $1,400,000. (2)Further authorize a loan agreement with Pennichuck East Utility Inc., Merrimack, NH, to finance water system improvements, in the amount of $1,650,000. Effective upon G&C approval. 100% Drinking Water State Revolving Loan Fund Repayment Funds.

Amount
$1.6M
$1,400,000, $1,650,000
Vendor
Pennichuck Water Works Inc.
Merrimack, NH
Funding Source
100% Drinking Water State Revolving Loan Fund Repayment Funds
Vote Record approved
Motion by Pappas, seconded by Sununu
Joseph Kenney (R) yes
Colin Van Ostern (D) yes
Christopher Sununu (R) yes
Christopher Pappas (D) yes
Dave Wheeler (R) yes

Documents (1)

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