Subject: Request Authorization to Submit Intent to Apply (ITA) to the Department of Natural Resources (DNR) for FY2026 Loan for Small Diameter Old Water Main Replacements Staff Recommendation: To Approve Fiscal Note: Safe Drinking Water Loan Program at 55% of market rate. Tentative loan amount per year $10 million to replace old water mains in concurrence with LSLR's. Ruekert-Mielke to provide technical support submitting ITA through general professional service agreement.

What this record is

Amount

$10.0M

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