Meetings / May 23, 2012 / Item 66

Item 66

approved amendment consent calendar

May 23, 2012

Description

Authorize an Allonge to Promissory Note and amendment of loan agreement with Lyme Water Association Inc., Lyme, NH, by reducing the original amount by $39,239 from $300,000 to $260,761, which finalizes the loan amount used to finance the water system improvements project. Effective upon G&C approval. 79% Federal, 21% Capital (General) Funds. #67 Authorize an Allonge to Promissory Note and amendment of loan agreement with Pennichuck East Utility Inc., Nashua, NH, in the amount of $1,800,000, which finalizes the loan amount used to finance the water system improvements project. Effective upon G&C approval. 79% Federal, 21% Capital (General) Funds.

Amount
$1.8M
$39,239, $300,000, $260,761,, $1,800,000,
Vendor
Lyme Water Association Inc.
Lyme, NH
Funding Source
79% Federal; 21% Capital (General) Funds; 79% Federal; 21% Capital (General) Funds
Vote Record approved
Motion by Sununu, seconded by Burton authorized the
Raymond Burton (R) yes
Daniel St. Hilaire (R) yes
Christopher Sununu (R) yes
Raymond Wieczorek (R) yes
Dave Wheeler (R) yes
← Back to May 23, 2012 meeting