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202402058

ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 9/18/2024, AUTHORIZING the City Manager or her designee to apply for, accept, and appropriate Water Supply Revolving Loan Account loan funding in the amount of up to $15,000,000, comprised of $7,950,000 in principal forgiveness and $7,050,000 in zero-interest loan funding, from the Ohio Environmental Protection Agency and the Ohio Water Development Authority to assist with the cost of replacing all public and private lead service lines within the utility’s service area; and AUTHORIZING the Finance Director to receive and deposit loan funds into Fund Numbers 756x8569, 756x8527, 312x8569, and 312x8527.

Ordinance Passed Emergency Introduced September 13, 2024
Committee
Cincinnati City Council
Requested by
Budget and Finance Committee
Introduced
September 13, 2024
On agenda
September 25, 2024
Passed
September 25, 2024
Enacted
September 25, 2024
Enactment no.
0307-2024

Where it was heard

Cincinnati City Council Sep 25, 2024 Passed Emergency Pass Cincinnati City Council Sep 25, 2024 Emergency clause to remain Pass Cincinnati City Council Sep 25, 2024 Suspension of the three readings Pass Budget, Finance & Governance Committee Sep 23, 2024 Recommend Passage Emergency Cincinnati City Council Sep 18, 2024 Referred to Budget & Finance Committee