Meetings / Mar 28, 2012 / Item 93

Item 93

approved consent calendar late item

Mar 28, 2012

Description

Authorize a Supplemental Loan Agreement with the Town of Amherst, (originally approved by G&C on 8- 19-09, item #109C), which finalizes and lowers the Original Loan Agreement by $166,961.10 from $425,000 to $258,038.90. Effective upon G&C approval. 100% CWSRF Loan Repayment Funds. ARRA Project. #94 Authorize a Supplemental Loan Agreement with the City of Nashua, (originally approved by G&C on 7- 15-09, late item #B), which finalizes and lowers the Original Loan Agreement by $204,942.06 from $1,550,000 to $1,345,057.94. Effective upon G&C approval. 41.5% Clean Water State Revolving, 8.5% Capital (General), 50% Federal ARRA Funds.

Amount
$1.6M
$166,961.10, $425,000, $258,038.90, $204,942.06, $1,550,000, $1,345,057.94
Funding Source
100% CWSRF Loan Repayment Funds; 41.5% Clean Water State Revolving; 8.5% Capital (General); 50% Federal ARRA 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
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