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Commission reviews resolution to pay off sewer-district SRF loan; payoff roughly $343,000
Summary
Treasurer told the commission Resolution 24-23 would pay off the state revolving fund loan for the Ankeny Valdez County Sewer District with a payoff roughly $343,000 and about $487,000 available in district funds; a commissioner asked how prior annual payments of roughly $90,000 were allocated and the treasurer said he would follow up.
The commission considered Resolution 24-23, which would repay the remaining state revolving fund loan for the Ankeny Valdez County Sewer District. The county treasurer said the payoff is roughly $343,000 and that the lighting district ledger shows approximately $487,000 available to cover the obligation. He noted a date typo in an attachment that he would fix.
A commissioner asked about the historical allocation of approximately $90,000 that the county has paid annually in interest and principal in prior years; the treasurer said allocation decisions are made by the chief executive and he would follow up. The commission placed the resolution on the next meeting agenda for action.
