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Council adopts ordinance approving WIFA loan for Mingus Tank and component station
2935339 · April 9, 2025
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Summary
The council adopted an emergency ordinance authorizing execution of a loan agreement with the Water Infrastructure Finance Authority of Arizona (WIFA) for the Mingus Tank and Component Station project; the loan includes 25-year financing and $1 million in forgiven principal.
Prescott City Council unanimously adopted an ordinance authorizing a loan agreement with the Water Infrastructure Finance Authority of Arizona (WIFA) to finance the Mingus Tank and Component Station project.
Mark Woodfield, budget and finance director, told the…
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