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Council approves WIFA loan for Old Black Canyon Pipeline project; $5.5 million with 90% principal forgiveness noted
Town of Prescott Valley Town Council · April 24, 2026
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Summary
Prescott Valley authorized Resolution No. 2026-2449 to accept a WIFA loan of about $5.5 million for the Old Black Canyon Pipeline project to address PFAS issues and interconnect the system; staff said the loan carries 90% principal forgiveness, leaving roughly $551,000 to repay.
The Prescott Valley Town Council unanimously authorized Resolution No. 2026-2449 to proceed with a WIFA loan for the Old Black Canyon Pipeline project, which staff said will improve system resiliency and address PFAS contamination in the lower part of the town’s system.
"This is for a little…
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