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Humboldt board reviews Phase III funding: loans, grants and proposed surcharges
Summary
The board discussed and recorded Phase III funding approvals: Drinking Water — $270,000 loan and $145,000 grant with a $4.75 surcharge; Clean Water — $330,000 loan and $390,000 grant with a $6.00 surcharge. The second funding request was described as approved.
During old business the board discussed Phase III funding for water projects. The minutes record Drinking Water funding of a $270,000 loan and a $145,000 grant with a proposed $4.75 surcharge; Clean Water funding of a $330,000 loan and a $390,000 grant with a proposed $6.00 surcharge.
Board members also noted that the Phase III second request for funding has been approved. The minutes do not specify which fund or account will be charged for surcharges, and the board directed staff to draft a job description for part-time office help to support related administrative tasks.
The Phase III funding discussion was part of a broader conversation about the water tower and supplemental budget matters recorded during old business.
