Meetings / Feb 21, 2024 / Item 112

Item 112

approved grant

Feb 21, 2024

Description

Authorize to award a grant to the Hollis Pines Cooperative, Inc., Hollis, NH, in the amount not to exceed $2,500,000 to finance water system improvements. Effective upon G&C approval through December 1, 2025. 40% Federal Funds, 60% PFAS Response Fund. (2) Further authorize a loan agreement to Hollis Pines Cooperative, Inc., in the amount not to exceed $800,000 to finance water system improvements subject to conditions as outlined in the letter dated January 22, 2024, under the provisions of RSA 486:14 and NH Code of Administrative Rules Env-Dw 1100 et seq. Effective upon G&C approval. 100% Drinking Water State Revolving Loan Fund BIL Funds

Amount
$2.5M
$2,500,000, $800,000
Vendor
Hollis Pines Cooperative, Inc.
Hollis, NH
Funding Source
40% Federal Funds; 60% PFAS Response Fund; 100% Drinking Water State Revolving Loan Fund BIL Funds
Vote Record approved
Motion by Gatsas, seconded by Warmington 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_112.pdf Open in new tab →
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