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City seeks Ohio EPA loan authority to build emergency water connections with Medina
Summary
The Public Service Committee reviewed an ordinance to apply for Water Supply Revolving Loan Account (WSRLA) and Ohio Water Development Authority funding to plan and build emergency water-main connections — including a permanent link to Medina — and discussed 30-year loan terms at roughly 3.5% interest.
The Public Service Committee considered an ordinance authorizing the mayor or designee to apply for and enter agreements with the Ohio EPA Water Supply Revolving Loan Account (WSRLA) and the Ohio Water Development Authority to plan, design and construct emergency water-main connections.
Service staff said the legislation would formalize…
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