Meetings / Aug 17, 2022 / Item 45

Item 45

approved grant

Aug 17, 2022

Description

Authorize to award grant funds to Emerald Lake Village District, Hillsborough, NH, in the amount not to exceed $3,432,500 for water system improvements. Effective upon G&C approval through December 1, 2024. 58% Federal, 42% Drinking Water and Groundwater Trust Funds. (2) Further authorize to approve a loan agreement with Emerald Lake Village District, Hillsborough, NH, in the amount not to exceed $1,342,900 to finance water system improvements. Effective upon G&C approval. 100% Drinking Water State Revolving Loan Fund Repayment Funds.

Amount
$3.4M
$3,432,500, $1,342,900
Vendor
Emerald Lake Village District
Hillsborough, NH
Funding Source
58% Federal; 42% Drinking Water and Groundwater Trust Funds; 100% Drinking Water State Revolving Loan Fund Repayment Funds
Vote Record approved
Motion by Gatsas, seconded by Stevens 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_45.pdf Open in new tab →
← Back to Aug 17, 2022 meeting