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Rio Dell council approves financing agreement to complete water capital improvements, 4-0
Summary
Council approved Resolution No. 1651-2025 to accept a financing agreement with the State Water Resources Control Board to cover remaining costs for an ongoing water capital improvement project; total debt service is $3,476,083.01 with a principal near $2.345 million at about 1.9% interest over ~40–42 years, council voted 4-0.
Rio Dell — The city council unanimously approved a resolution authorizing the execution of a financing agreement with the State Water Resources Control Board to cover remaining costs on the city’s multi-year water capital improvement project.
Resolution details and vote
Resolution No. 1651-2025 authorizes a financing agreement with the State Water Resources Control Board. Council voted 4-0 to approve the resolution; no individual roll-call votes were recorded in the meeting transcript. The meeting packet described a…
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