Council member asks when SRF construction draw will be made
Summary
During the Sundial Utilities meeting, a council member noted that renovation expenses were listed but SRF loan funds had not been drawn and asked when the first construction draw would occur; staff said they would follow up.
A council member asked the board when the first construction draw from the State Revolving Fund (SRF) loan would be made, noting that project expenses were cited on the financial cover sheet but the funds had not yet been pulled.
The council member said, "Funds have not yet been pulled from the SRF loan. When will we be making that 1st construction draw?" The presiding officer replied, "I do not know an answer to that question. Laura's handling it," and said the board would seek more information before the next meeting.
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