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City approves $2.56 million draw for wastewater plant work and transfers $281,856 for interim-loan interest
Summary
The council/authorities approved a $2,555,255.89 draw to Crossland for completed work at the Seminole Wastewater Treatment Plant and appropriated $281,856.27 from surplus to the water/sewer fund to cover interim-loan interest.
City elected bodies on Sept. 8 approved multiple payments and a budget transfer tied to the new Seminole Wastewater Treatment Plant.
The City (via the authority/board motions recorded in the joint meeting) approved drawdown/invoice number 12 from Crossland in the amount of $2,555,255.89 for work completed at the wastewater treatment plant. Staff told the council the project is about 58%…
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