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Huntsville approves $510,000 in SRF principal forgiveness for water pipeline replacement

Huntsville Town Council · March 19, 2026
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Summary

The Huntsville Town Council adopted Resolution 2026-03-19 to accept $510,000 in principal forgiveness from the Utah Drinking Water State Revolving Fund tied to a $1.7 million bond to replace a transmission pipeline; the vote was 4–0.

Huntsville Town councilors on March 19 approved Resolution 2026-03-19, authorizing the town to accept $510,000 in principal forgiveness under a Drinking Water State Revolving Fund agreement tied to a $1.7 million bond for water‑system improvements.

Mayor Richard L. Sorensen told the council that the package would fund replacement of the transmission pipeline from the town’s treatment plant. “We were able to get a $1.7 million bond for the water system improvements and $510,000 of that would be forgiven,” Sorensen said as he introduced the resolution. Sorensen moved to adopt the agreement and TCM Bruce Ahlstrom seconded; the roll‑call vote was recorded as 4–0 in favor.

The signed agreement (SRF Loan #3F3898) and its Exhibit 1 in the meeting packet identify the scope as transmission pipeline replacement and describe the mechanics of the principal‑forgiveness disbursement and escrow. The board materials state that the principal‑forgiveness funds will be deposited with any other project funds into a supervised escrow and disbursed pro rata; any unused funds must be returned to the Board as a reduction of the forgiveness amount.

Because the action was a formal resolution, the council recorded a roll‑call vote. There was no amendment or contingent timeline recorded at the meeting; the attachments include the executed agreement and supporting scope documents. The resolution now authorizes staff to complete the procurement and construction steps described in the contract documents.