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Commission considers KDHE loan for Phase 2 of Harrington wastewater project
Summary
Staff reported that KDHE selected Harrington for a loan up to $3,614,120 for Phase 2 of the wastewater treatment plant, discussed a 30‑year note and a 3.35% interest rate, and commissioners moved to consider execution of loan documents; the transcript does not record a final vote on execution.
City staff told the commission that Harrington has been selected for a KDHE loan for Phase 2 of the wastewater treatment plant, discussed estimated terms and how the project fits into a longer multi‑phase plan.
Staff said the loan was "not to exceed $3,614,120" and described a 30‑year note. During the meeting a commissioner confirmed an interest rate of 3.35%, which staff said came in lower than earlier estimates. "You did increase…
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