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Council approves OPWC loan/grant reimbursement for Fairgrounds Road utilities project
Summary
Council adopted Resolution 2025-70 authorizing the city to reimburse itself and accept an OPWC loan/grant package for Fairgrounds Road utilities and resurfacing work. Administration said the project was complete and the action will allow 0% OPWC loan proceeds and grant funds to reimburse city outlays and align county utility reimbursement flows.
Mount Vernon council unanimously adopted Resolution 2025-70, authorizing the city to declare its "official intent" to reimburse its urban improvement fund for the Fairgrounds Road utilities improvements and resurfacing project with proceeds of tax-exempt state debt and to proceed with the OPWC loan/grant process.
Administration explained the project financing: multiple funds (city water, wastewater, stormwater and county partners plus ARPA and other grants) were used to complete the work and the city is now…
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