Item 53
approved late itemOct 17, 2012
Description
Authorize a Supplemental Loan agreement with Berlin Water Works (originally approved by G&C on 6- 17-09, late item A-7), in the amount of $3,000,000, which finalizes the loan amount used to finance the water system improvements project. Effective upon G&C approval. 50% ARRA, 39.6% Federal, 10.4% Capital (General) Funds. #54 Authorize a Supplemental Loan agreement with the Town of Hinsdale (originally approved by G&C on 8- 19-09, item #109C), which finalizes and lowers the Original Loan agreement by $38,173.94 from $687,000 to $648,826.06. Effective upon G&C approval. 47% CWSRF Repayment Funds, 53% Federal ARRA Funds.
Amount
$3.0M
$3,000,000,, $38,173.94, $687,000, $648,826.06
Department
DEPARTMENT OF ENVIRONMENTAL SERVICES
Funding Source
50% ARRA; 39.6% Federal; 10.4% Capital (General) Funds; 47% CWSRF Repayment Funds; 53% Federal ARRA Funds
Vote Record
approved
Raymond Burton
(R)
yes
Daniel St. Hilaire
(R)
yes
Christopher Sununu
(R)
yes
Raymond Wieczorek
(R)
yes
Dave Wheeler
(R)
yes