Meetings / Jul 27, 2022 / Item 77

Item 77

approved grant

Jul 27, 2022

Description

Authorize to award a grant to the City of Laconia in the amount not to exceed $747,600 for the Northern Lakeport Area Sewer Replacement project. Effective upon G&C approval through June 30, 2024. 100% Federal Funds. (2) Further authorize a loan agreement with the City of Laconia in an amount not to exceed $2,160,827 to finance Northern Lakeport Area Sewer Replacement project. Effective upon G&C approval. 100% CWSRF Repayment Funds.

Amount
$2.2M
$747,600, $2,160,827
Funding Source
100% Federal Funds; 100% CWSRF Repayment Funds
Vote Record approved
Motion by Kenney, seconded by Gatsas acted as follows
Joseph Kenney (R) yes
Cinde Warmington (D) yes
Janet Stevens (R) yes
Ted Gatsas (R) yes
Dave Wheeler (R) yes

Documents (1)

Item_77.pdf Open in new tab →
← Back to Jul 27, 2022 meeting