Frankfort accepts conditional $18.79M commitment from Kentucky Infrastructure Authority for Lower PC3 sewer project
The Frankfort Sewer Department and Board accepted a conditional commitment for $18,793,409 in assistance from the Kentucky Infrastructure Authority for the Lower PC3 sewer construction project, including $4,444,323 in principal forgiveness; staff said design, easements and bidding remain before advertisement.
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The Frankfort Board of Commissioners on March 23 approved a Conditional Commitment Letter accepting funding assistance from the Kentucky Infrastructure Authority for the Lower PC3 sanitary sewer construction project. The assistance package totals $18,793,409 with approximately $4,444,323 (30%) of principal forgiveness.
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