Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Portage council approves $6.98 million interim sewer revenue anticipation bond to bridge state loan timing
Summary
The Portage Common Council approved resolution 25-032 authorizing a $6,984,000 sewerage revenue anticipation note to cover invoices on the wastewater treatment project until the State Clean Water Fund loan closes, with Portage State Bank providing interim financing.
Portage — The Portage Common Council on Dec. 15 approved Resolution 25-032 to issue a $6,984,000 sewerage revenue anticipation note to bridge payments for the city’s wastewater treatment project until a State Clean Water Fund loan can close.
City staff said the project finished design and was bid in 2025 and that invoices are arriving before the state loan is scheduled to…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
