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Council notified of $5 million PennVEST loan offer for Warren Oldham work
Summary
Council heard that the city received a $5,000,000, 1% low‑interest loan offer from PennVEST to fund phase one of modifications to the Warren Oldham facility in Green Township; documentation and signatures remain and no formal action was recorded.
City officials told the Lock Haven City Council that the city has received a funding offer from PennVEST: a $5,000,000 low‑interest (1%) loan intended for phase one of modifications to the Warren Oldham facility in Green Township.
A presenter described the PennVEST notice as a funding offer rather than a completed agreement and said the city still must complete documentation and signatures before funds are finalized.…
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