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Norwalk approves water loan, several plats and public‑works purchases in Nov. 6 meeting
Summary
Council approved a $5.924 million state revolving loan for Central Iowa Water Works buy‑in, accepted multiple plats and infrastructure (Warrior Run, Valley View, Holland Pointe) with associated sureties, and authorized purchase of a 2025 combination sewer truck.
At its Nov. 6 session the Norwalk City Council approved a package of resolutions to move several capital and development items forward.
Loan for Central Iowa Water Works: After a public hearing staff presented terms for a State Revolving Fund loan through the Iowa Finance Authority to finance the city's buy‑in to Central Iowa Water Works: loan principal $5,924,000, origination fees ~$29,062, and an interest rate about 3.26%; council approved the resolution to…
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