Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Water Financing topic
No spam. Unsubscribe anytime.
Council packet authorizes applications for multiple water and wastewater loans
Summary
The council packet includes ordinances authorizing the Director of Public Service to apply for Water Supply Revolving Loan Account (WSRLA) funding for multiple water projects and WPCLF funding for smoke/dye sanitary sewer testing. The ordinances specify municipal water/sewage rates as the dedicated repayment source and declare emergencies to expedite work.
A group of ordinances in the March 17 packet would authorize the Director of Public Service to apply for state revolving funds for several water and sewer projects. The measures are presented as separate ordinances in the packet but share language authorizing application to the Ohio Environmental Protection Agency and Ohio Water Development Authority and naming a repayment source.
Items listed in the packet include: Ordinance No. 26-043 (Dawna Drive water line replacement), 26-044 (Lead Service Verification Phase II), 26-045 (Airport Water Looping Phase II), 26-046 (New Low Side Water Tower), 26-047 (Good Avenue and Longview Dr. water line replacement) — each authorizing WSRLA application and designating municipal water service rates as the dedicated repayment source. Ordinance No. 26-048 authorizes application to the Water Pollution Control Loan Fund (WPCLF) for smoke and dye testing in sanitary sewer Areas 6 & 8 and designates municipal sewage service rates as the repayment source.
Each ordinance contains an emergency clause and the same procedural language required by the loan programs: the Director is authorized to sign application documents and agreements, the repayment source is formally designated in the ordinance, and the Council affirms open‑meeting compliance. The packet does not record loan awards or terms — it simply authorizes application and acceptance of loan agreements should funding be offered.
If the City accepts loans, the ordinances specify repayment would come from municipal water or sewage rates; the packet language does not include estimated loan amounts, interest rates, or amortization schedules. Additional administrative steps — application, review by OEPA/OWDA, and a formal acceptance resolution or contract — would follow if the City is offered financing.
