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Englewood approves amendment to state revolving fund loan to add valves, priority line work
Summary
The Englewood City Utilities Board approved an amendment to its Drinking Water Revolving Fund loan to fund insertion valves, priority distribution-line replacements and to add authorized city officers to the loan documents.
Englewood City Utilities Board members approved an amendment to the city’s State Revolving Fund (SRF) leveraged loan to shift about $10 million toward distribution-system work, including insertion valves and targeted pipe replacements.
Sarah (last name not specified), a utilities staff member, told the board the city originally closed on roughly $40,000,000 in funding through two federal- and state-backed mechanisms. She said refinements to the lead-service-line inventory reduced the expected cost of that…
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