Meetings / Mar 7, 2012 / Item 47

Item 47

approved consent calendar late item

Mar 7, 2012

Description

Authorize a Supplemental Loan Agreement with the City of Laconia, which finalizes and lowers the original loan agreement (originally approved by G&C on 8-19-09, item #109C), by $2,761.61 from $437,000 to $434,238.39. Effective upon G&C approval. 50% Clean Water State Revolving Fund Repayment Account, 50% Federal ARRA Funds. #48 Authorize a Supplemental Loan Agreement with the Town of Merrimack, which finalizes and lowers the original loan agreement (originally approved by G&C on 7-15-09, item #53), by $490,716.41 from $1,600,000 to $1,109,283.59. Effective upon G&C approval. 41.5% Clean Water State Revolving Funds, 8.5% Capital (General) Funds, 50% Federal ARRA Funds.

Amount
$1.6M
$2,761.61, $437,000, $434,238.39, $490,716.41, $1,600,000, $1,109,283.59
Funding Source
50% Clean Water State Revolving Fund Repayment Account; 50% Federal ARRA Funds; 41.5% Clean Water State Revolving Funds; 8.5% Capital (General) Funds; 50% Federal ARRA Funds
Vote Record approved
Motion by St. Hilaire, seconded by Burton
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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