Subject: Request Authorization to Submit Intent to Apply (ITA) to the Department of Natural Resources (DNR) for FY2026 Loan for the 42" Water Main - Phase 4 Project Staff Recommendation: To Approve Fiscal Note: Tentative ITA loan amount will be $5,000,000 to cover Racine Water Utility's share (approximately 51%). The rest of the cost will be paid by Mt. Pleasant. Ruekert-Mielke to provide technical support submitting ITA through general professional service agreement.

What this record is

Amount

$5.00M

Runs until

no end date published in this record

Type

contract

Field

Construction

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Waterworks Commission

Introduced

October 8, 2024

Passed

October 17, 2024