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Altoona council moves to pursue up to $66 million in SRF loans for Water Treatment Plant 4
Summary
The Altoona City Council adopted a resolution Feb. 2 to pursue State Revolving Fund loans to finance Water Treatment Plant 4 and related wells and mains, with the city’s application scheduled for Iowa Finance Authority consideration in March 2026. The public hearing drew no comments.
The Altoona City Council on Feb. 2 adopted a resolution to pursue State Revolving Fund (SRF) loans to finance construction of Water Treatment Plant 4, related wells and main extensions, and to borrow up to $66,000,000 in principal under a Water Revenue Loan and Disbursement Agreement.
Finance Director Andy Lent told the…
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