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Sanford awards engineering contract and approves $5 million-plus financing steps for Third Street sewer rehabilitation
Summary
The Sanford City Council awarded an engineering contract to Withers Ravenel for the Third Street sewer rehabilitation, approved a reimbursement resolution and budget amendments tied to a $514,198 grant and a $4,514,000 SRF loan (with $2,000,000 described as forgivable) needed to move the project forward.
Sanford City Council voted Dec. 17 to award the engineering contract for the Third Street area sewer rehabilitation and to approve related financial steps to advance design and construction. The council approved the contract award to Withers Ravenel, adopted a reimbursement resolution to cover upfront project costs pending debt approval, and amended the FY 2024–25 budget to move operating funds into the capital project.
City staff presented a financial overview noting an award letter…
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