Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Select Board approves MWRA borrowing package to reduce town debt for sewer realignment
Summary
Select Board approved an MWRA financing package that provides approximately $3.4 million toward a sewer realignment project, including a $0% interest loan component; staff said the arrangement reduces the town's required borrowing and lowers projected debt service.
At its Feb. 10 meeting the Needham Select Board voted to accept an MWRA borrowing package that will fund a portion of a planned sewer realignment project and reduce the town's net borrowing need.
Presenters identified in the meeting as Dave Davidson, Celeste Simchak and Diane Ryan described the MWRA assistance: the authority will provide about $3,400,000 for the project, of which the presenters said roughly $2,500,000 does not require…
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
