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Owosso council approves ARPA closeout, manager cites $1.5M in principal and $115,000 interest spent on capital projects

2120207 · January 6, 2025
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Summary

Council approved reconciliation to close out the city's American Rescue Plan Act funds; City Manager Henney said the city received $1,500,000 and an additional $115,000 in earned interest and listed projects funded including SCADA upgrades, fire equipment and lead service line replacements.

The Owosso City Council approved a resolution reconciling and closing out the city’s American Rescue Plan Act (ARPA) funding and earned interest.

City Manager Henney said the city received $1,500,000 in ARPA funds and an additional $115,000 in…

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