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Board authorizes sewer and lead‑line bond issues and approves architect amendment for $154M water project
Summary
Commissioners recommended issuing SRF bonds for a $19.4M sewer replacement and $5M lead‑service‑line program in Pontiac, and approved a contract amendment to refine design for a $154M water resources facility after value‑engineering.
Oakland County’s board recommended issuing state‑supported bonds to fund major water infrastructure projects in Pontiac and approved an amendment to architectural services for a large water resources building.
Ben Lewis, assistant chief engineer for the Water Resources Commissioner, asked the board to approve a Clean Water SRF financing package totaling $19.4 million to replace roughly 10,000 linear feet of sanitary sewer in the city of Pontiac. Lewis said $2.522 million of the project is expected as principal forgiveness and the remainder financed through the SRF loan program. “We are requesting the…
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