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City staff to seek authorization to apply for state revolving loan funds for water, sewer and stormwater projects
Summary
City Administrator Dan Allen briefed the board on the upcoming State Revolving Fund (SRF) application window and said staff will return on Feb. 18 with a resolution authorizing initial, nonbinding submissions; staff estimated a multiyear package of projects in the tens of millions.
City staff briefed the Board of Mayor and Aldermen on Feb. 3 about the upcoming State Revolving Fund (SRF) application round that provides low‑interest loans (and sometimes principal forgiveness) for water, sewer and stormwater projects.
City Administrator Dan Allen said staff has discussed possible SRF applications with Tennessee Department of Environment & Conservation (TDEC) staff and is considering a package that would include…
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