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Council approves $20,000 IFA forgiveable loan for Mosier water-systems study
Summary
Council adopted Resolution 2016-01 to accept a $20,000 forgiveable loan through IFA to fund a Mosier Water Systems Study. Councilor Bill Akin moved the resolution; Councilor Jacki Sterner seconded and the motion passed unanimously.
The Mosier City Council unanimously approved Resolution 2016-01, authorizing a forgiveable loan of $20,000 from the Infrastructure Finance Authority (IFA) to support a Mosier Water Systems Study. Councilor Bill Akin moved for approval; Councilor Jacki Sterner seconded, and the motion passed unanimously.
The minutes list the loan as "forgiveable" and identify the purpose as the Mosier Water Systems Study. No further conditions, matching requirements, or implementation timeline were recorded in the minutes.
