Item 92
approved amendment consent calendar late itemApr 18, 2012
Description
Authorize an Allonge to Promissory Note and amendment of loan agreement with Pennichuck Water Works Inc., Merrimack, NH, (originally approved by G&C on 7-28-10, item #30), by reducing the amount of $1,600,000 to $842,289.68, to finalize the loan amount used to finance the water system improvements project. Effective upon G&C approval. 79% Federal, 21% Capital (General) Funds.
Amount
$1.6M
$1,600,000, $842,289.68
Department
DEPARTMENT OF ENVIRONMENTAL SERVICES
Funding Source
79% Federal; 21% Capital (General) Funds
Vote Record
approved
Motion by Wieczorek, seconded by Burton authorized
Raymond Burton
(R)
yes
Daniel St. Hilaire
(R)
yes
Christopher Sununu
(R)
yes
Raymond Wieczorek
(R)
yes
Dave Wheeler
(R)
yes