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Council approves intent to seek reimbursement for $52 million Safe Drinking Loan application
Summary
The council adopted a resolution stating the city’s intent to seek reimbursement from borrowing proceeds for the water treatment plant rehabilitation project as part of a Safe Drinking Loan Program application; staff said the city is requesting $52,000,000 at 2.2% for 20 years but qualification and final award remain subject to DNR ranking.
The Oak Creek Common Council adopted a resolution June 17, 2025, declaring the city’s official intent to reimburse expenditures from future borrowing proceeds as part of an application to Wisconsin’s Safe Drinking Water Loan Program for the water treatment plant rehabilitation project.
Brian Johns…
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