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Board considers amended loan and disbursement agreement for Festina sewer project

3198480 · March 31, 2025
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Summary

Supervisors reviewed a resolution to approve an amended and restated general obligation sewer improvement loan and disbursement agreement for the Festina sewer project; staff said much of the project received state loan forgiveness.

The board reviewed a resolution related to the Festina sewer improvement project: an amended and restated general obligation loan and disbursement agreement necessary to reflect loan forgiveness and the project’s financing structure.

Staff explained that…

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