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Council approves DNR-backed loans to aid lead service line replacements with varying principal forgiveness
Summary
The Fond du Lac City Council unanimously approved three resolutions allowing issuance of taxable loans under the DNR Lead Service Line (LSL) Replacement Loan Program; levels of principal forgiveness differ by census tract eligibility.
The Fond du Lac City Council on Aug. 13 unanimously approved three related resolutions to issue taxable loans under the Wisconsin Department of Natural Resources (DNR) Lead Service Line Replacement Loan Program, enabling different levels of principal forgiveness for property owners depending on census-tract eligibility.
City Director of Administration Trisha Davey briefed the council that the three separate resolutions are required because “each of our 3 loans has a different level of principal forgiveness,” and that the forgiveness levels are determined by census-tract designations. Davey said the 100% principal-forgiveness loan targets properties in the qualified census tract, a higher-forgiveness category typically for lower-income areas; a 75% forgiveness tier applies to census tracts adjacent to the qualified census tract; and a 50% tier applies to other properties within the city. “The DNR is now ready for us to close on the loans and execute the various financial assistance agreements,” Davey said.
Council members asked no substantive questions during the roll call for the motions. All three motions to approve the resolutions passed unanimously.
Discussion vs. decision: the presentation by Davey was informational about the program’s structure and readiness to close; the council’s formal decisions were the three unanimous votes to authorize issuance and sale of the respective loan series and execution of the DNR principal-forgiveness financial assistance agreement.
Clarifying details recorded in the meeting: Davey tied eligibility and forgiveness percentages explicitly to census tracts and said the city adopted changes to its lead service replacement ordinance earlier in March to take advantage of the funding. The resolutions are identified in the meeting transcript as Resolution Nos. 9196 (Series 2025A, up to $156,187), 9197 (Series 2025B, up to $230,694), and 9198 (principal-forgiveness financial assistance agreement, the 100% forgiveness tranche). The council approved each resolution by motion and unanimous vote.
