Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Coldwater approves DWSRF notice to issue bonds to replace lead service lines; up to $3M project
Summary
Council adopted resolution 25-1-11 to notify electors of intent to issue bonds through Michigan's Drinking Water State Revolving Fund to replace lead service lines; staff said up to $3 million could be incurred with roughly 50% forgiven and the water fund repaying about $1.5 million over 20 years.
The Coldwater City Council on Dec. 15 adopted a resolution notifying electors of the city's intent to issue debt to replace lead service lines using Michigan's Drinking Water State Revolving Fund (DWSRF).
Tom presented resolution 25-1-11 and told the council the project would reimburse construction costs as incurred and that repayment would…
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
