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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.
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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 sanitary sewer extension to the Northwest growth area,” and that staff had received no public comment to date. He explained the map: dashed lines indicate a force main that requires a lift station (at Road Drive and 110th) and solid lines are gravity main; segment C is nearing completion and segment B is scheduled to begin construction later this month.
Councilors asked technical questions about alignment, why a force main is needed in low-elevation areas and the location and startup of the lift station. Matt answered that the force main and lift station are needed to move flows under Beavercreek and up to the gravity main on Towner Drive.
After the hearing was closed, council moved and seconded approval. The clerk recorded affirmative votes from Council members Martin, Redding, Burkhart, Cope and Evans; the motion passed.
The resolution authorizes the city to enter an agreement with the Iowa Finance Authority and to issue notes not to exceed $8,000,000 to evidence the obligation. No public commenters spoke during the hearing; staff offered to return with more technical detail if council requests it.
The council’s action is procedural authorization to proceed with the loan agreement and bond issuance; specific contract awards, bid results and construction start dates will follow in later meetings once procurement and funding reimbursements are finalized.

