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Trappe Council adopts resolution to permit reimbursement for ENR upgrade, authorizes interim financing talks
Summary
The Council adopted Resolution 3‑2025 on Aug. 6, 2025 to declare intent to reimburse capital expenditures for the ENR upgrade from future debt and unanimously authorized the administrator to work with Shore United Bank on interim financing terms.
The Trappe Town Council on Aug. 6 adopted Resolution 3‑2025, declaring the Council’s intent to reimburse expenditures incurred on certain capital projects — specifically the ENR (enhanced nutrient removal) upgrade — from proceeds of future debt. Attorney Lyndsey Ryan explained the resolution allows the Town to reimburse itself for expenses paid for the ENR upgrade.
The Council then unanimously approved a motion authorizing Administrator Erin Braband to work with Shore United Bank to assemble interim financing terms for Council review and later approval. No specific interim financing terms or dollar amounts were presented at the meeting; Attorney Ryan and Administrator Braband said they are continuing to work with the Maryland Department of the Environment (MDE) on funding and that interim financing will be returned to the Council for a formal decision.
Why it matters: the ENR upgrade is a capital project requiring interim funding and may involve debt issuance and reimbursement; adopting the resolution preserves the Town’s ability to reimburse eligible expenditures when debt is issued.
