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Council to verify loan documents before land purchase for wastewater project
Summary
City staff reviewed the wastewater plan and council members instructed staff to verify receipt of loan documents before approving purchase of land tied to the project. No land purchase was approved at the March 12 meeting.
The Overbrook City Council reviewed the city's wastewater plan and related documentation and agreed it will not approve any land purchase until loan documents have been verified.
During the special reports segment, staff presented project materials and the council emphasized due diligence on financing before committing to purchase property that would host wastewater infrastructure. The minutes record that staff will confirm loan paperwork and return with the documents before any land acquisition decision is made. The entry appears in the agenda under "Water Project Update" and was discussed during the E.1 report.
