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Council approves SRF loan increase and awards Tulip sewer-improvement contract
5432534 · July 2, 2025
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Summary
Tupelo moved to increase an existing State Revolving Fund (SRF) loan and awarded a $2.78 million contract for the Tulip sewer improvement (South Industrial Park), citing project cost increases and SRF fiscal-year adjustments.
The Tupelo City Council on July 1 approved an increase to an SRF loan and awarded the Tulip sewer-improvement contract to the low bidder, Paul Smithy Construction.
The council removed two items from the table and approved a loan-agreement increase requested for a previously approved SRF loan. Staff said the original SRF loan was $18,000,000 and that…
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