Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Greenfield council adopts bond authorization after officials say sewer grant likely covers project
Summary
Council members heard staff explain a principal-forgiveness loan award for a Lafayette sewer replacement and adopted a resolution authorizing a bond sale tied to the village wastewater improvements.
The Village of Greenfield on Feb. 20 adopted a resolution authorizing issuance of a bond of up to $4,438,234 to the Ohio Water Pollution Control Loan Fund and heard staff say the village likely received $4,000,000 in principal forgiveness toward a Lafayette sewer replacement project.
The discussion and vote followed a presentation by a staff member, Gary, who said the village submitted an application last August for the EPA Water Pollution Control Loan Fund and that the village “was given a $4,000,000 loan forgiveness.” He said the award is technically principal forgiveness, meaning the loan still exists but the principal will not require payments, and that combined with other funding…
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
