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Staff reports sewer funding re-nominations, exploring bonds and grants
Summary
City staff said they re-nominated 12 sewer projects for funding and are weighing bonds, WPCLL funding and OPWC grant/0% loan options to finance sewer work; no formal decisions were made.
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City staff told the Finance & Economic Development Committee on Oct. 6 that the administration re-nominated 12 sewer projects for funding consideration and is weighing financing options. Staff said they are considering a mix of bond funding, WPCLL (state/federal) funding and OPWC grant and 0% loan programs when available.
No formal action was taken; staff will continue to evaluate financing packages and return with more detail as projects progress through the funding pipeline.

