Meetings / Jan 25, 2012 / Item 45

Item 45

approved amendment consent calendar

Jan 25, 2012

Description

Authorize an Allonge to the Promissory Note and amended loan agreement with Jacaro NH LLC (originally approved by G&C on 11-4-09, item B), by decreasing the amount of the loan from $112,000 to $96,647.75, which finalizes the amount used to finance with water system improvements project. Effective upon G&C approval. 50% ARRA, 50% Drinking Water State Revolving Loan Funds (DWSRF) Repayment Funds.

Amount
$112,000
$112,000, $96,647.75
Funding Source
50% ARRA; 50% Drinking Water State Revolving Loan Funds (DWSRF) Repayment Funds
Vote Record approved
Motion by Burton, seconded by St. Hilaire 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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