Meetings / Jun 5, 2013 / Item 156

Item 156

approved amendment consent calendar late item

Jun 5, 2013

Description

Authorize an Allonge to Promissory Note and Amendment of Loan Agreement with Pennichuck East Utility Inc., Merrimack, NH, by reducing the original amount of $525,000 by $125,000, for a final amount of $400,000, which finalizes the loan amount used to finance the water system improvements project at the Locke Lake water system in Barnstead, NH. Effective upon G&C approval. 79% Federal, 21% Capital (General) Funds.

Amount
$525,000
$525,000, $125,000,, $400,000,
Vendor
Pennichuck East Utility Inc.
Merrimack, NH
Funding Source
79% Federal; 21% Capital (General) Funds
Vote Record approved
Motion by Burton, seconded by Pappas
Raymond Burton (R) yes
Colin Van Ostern (D) yes
Christopher Sununu (R) yes
Christopher Pappas (D) yes
Debora Pignatelli (D) yes

Documents (1)

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