Staff reports strong prospects for state principal‑forgiveness on 2025 water and sewer projects
City staff reported preliminary awards and strong eligibility for principal forgiveness on multiple 2025 water and sewer projects, including scattered lateral replacement and lead service work; staff said private‑side replacements are likely eligible for 100% principal forgiveness.
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City staff told the Two Rivers City Council that preliminary results on funding applications indicate favorable awards and significant principal forgiveness for next year’s water and sewer projects.
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