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Waverly council authorizes loan application for Forman Lane sewer rehab, designates sewer fund repayment
Summary
By unanimous vote, the council authorized Mayor Richard Henderson and Auditor Deborah Wayy to apply for a Water Pollution Control Loan Fund agreement with the Ohio EPA and Ohio Water Development Authority to finance the Forman Lane sanitary sewer rehabilitation, designating the sewer fund as the repayment source.
The Waverly Village Council on July 24 unanimously passed Resolution 68-2024 authorizing the mayor and auditor to apply for and execute a Water Pollution Control Loan Fund agreement with the Ohio Environmental Protection Agency and the Ohio Water Development Authority for construction of the Forman Lane sanitary sewer rehabilitation project.
The resolution specifies that the village seeks to upgrade wastewater facilities and that the dedicated repayment source for any loan will be the village sewer fund. "Mayor Richard Henderson and auditor Deborah Wayy are hereby authorized to apply for a WPF fund...and enter into the water pollution control Loan Fund with the Ohio Environmental Protection Agency and the Ohio Water Development Authority," the resolution language states on the record.
Councilmembers voted by roll call in favor of the resolution. The transcript records the council reading the resolution and dispensing with second and third readings under the requirement that at least five members be present; the vote was recorded as unanimous. The resolution directs village officials to sign required documents and designates the sewer fund as the repayment source; it does not list specific loan amounts or a construction timeline in the meeting record.
Next steps in the transcript are procedural: staff and the mayor are authorized to proceed with the application and to sign documents required by the loan programs. The council did not specify the loan amount or construction start date during the meeting.
