Meetings / Jun 26, 2024 / Item 142

Item 142

approved amendment

Jun 26, 2024

Description

Authorize to amend a Clean Water State Revolving Fund (CWSRF) loan agreement with the Town of Exeter, NH (originally approved by G&C on 11/8/23, Item #110), to decrease the loan amount by $1,540,000 from $3,700,000 to $2,160,000 for the Westside Drive of Area Utility Improvements-Construction Project, under the provision of RSA 486:14 and NH Code of Admin Rules Env-Wq 500 et seq. 100% CWSRF Repayment Funds. (2) Further authorize to approve a Drinking Water State Revolving Funds (DWSRF) loan agreement with the Town of Exeter, NH in an amount not to exceed $1,500,000 to finance the Westside Drive Area Utility Improvements-Construction Project, under the provisions of RSA 486:14 and NH Code of Administrative Rules Env-Dw 1100 et seq. Effective upon G&C approval. 100% DWSRF Repayment Funds

Amount
$3.7M
$1,540,000, $3,700,000, $2,160,000, $1,500,000
Funding Source
100% CWSRF Repayment Funds; 100% DWSRF Repayment Funds
Vote Record approved
Motion by Stevens, seconded by Kenney 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_142.pdf Open in new tab →
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