Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council approves three DNR-backed loans to expand lead service line replacements
Summary
The Fond du Lac City Council unanimously approved three resolutions authorizing taxable loans and associated DNR financial-assistance agreements to fund lead service line replacement, with differing principal-forgiveness levels tied to census-tract eligibility.
The Fond du Lac City Council on Aug. 13 unanimously approved three resolutions authorizing taxable loans to support lead service line replacement and the related Department of Natural Resources financial-assistance agreements. The actions, introduced by the city's director of administration, Miss Davey, will allow the city to close on three separate loans with differing levels of principal forgiveness depending on census-tract eligibility. Miss Davey said, "the 100% principal forgiveness loan is for properties that are in our qualified census tract," while loans with…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
