Proctor selectboard signs $192,350 loan for wastewater design, certifies municipal highway grant

The Town of Proctor Selectboard on March 24 signed a loan agreement with the Vermont State Revolving Fund for $192,350 to cover Step II design work for the town’s wastewater treatment facility and, separately, signed a Certification of Compliance and the Annual Financial Plan for the town’s Municipal Highway Grant Application. Both items were entered into the record and recorded as approved by the board.

The loan agreement is intended to fund engineering and design activities associated with the next phase of the wastewater treatment facility project; the meeting minutes record the loan amount as $192,350. The board also completed required paperwork for the Municipal Highway Grant, signing a Certification of Compliance and the accompanying Annual Financial Plan to support the town’s grant application.

The minutes indicate both actions were approved as part of the board’s consent of agenda items. No individual votes against or abstentions were recorded; motions were recorded as approved unanimously. The minutes do not list the motion text or mover for the loan or the highway grant certification.

Town Manager Judy Frazier’s department packet — referenced during the meeting — also lists other planned infrastructure work, including bids being prepared for summer paving, and notes that grant activity (including Mortimer Proctor grant applications reviewed March 14) is ongoing. The board signaled these finance and planning steps as part of ongoing capital project preparation.

Next steps noted in the meeting materials are standard administrative: loan paperwork executed and grant certification filed. The minutes do not set specific construction dates or contractor selections for the wastewater project; those items were not specified.