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Council approves up to $8 million SRF loan for Little Beavercreek sewer segment B
Summary
The Johnston City Council voted to approve Resolution No. 25-134 authorizing a loan and disbursement agreement and issuance of sewer revenue capital loan notes not to exceed $8,000,000 to fund construction of Little Beavercreek sanitary sewer extension, segment B.
The Johnston City Council voted to approve Resolution No. 25-134 to authorize a loan and disbursement agreement and issuance of sewer revenue capital loan notes not to exceed $8,000,000 for the Little Beavercreek sanitary sewer extension, segment B.
At a public hearing opened at 7:02 p.m., Matt (staff member) said the State Revolving Fund (SRF) requirement for the funding process is being used to construct segment B, “the final portion of the…
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