Subject: Resolution Regarding the Declaration of Official Intent to Reimburse Costs Attributed to 2027 Lead Service Line Replacement Project. Recommendation of the Waterworks Commission on 03-18-2026: To Approve with a Referral to the Finance and Personnel Committee. Recommendation of the Finance and Personnel Committee on 04-13-2026: To Approve. Fiscal Note: The aggregate principal amount of debt for the Project is expected not to exceed $40,000,000, of which 49% may be allocated as Principal Forgiveness for homeowner side lead service replacement.

Committee

Finance and Personnel Committee

Introduced

March 12, 2026

On agenda

April 20, 2026

Passed

April 20, 2026