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Trustees authorize loan agreement for public water supply program
Summary
On July 13 the board adopted Ordinance 2026-ORD-17 authorizing a loan agreement under the Public Water Supply Loan Program to support village water infrastructure; trustees approved the ordinance unanimously.
Mayor Terry Matthews presented Ordinance 2026-ORD-17, which authorizes the village to enter a loan agreement through the Public Water Supply Loan Program to fund water-related work.
Trustee Rose Ann Diederich moved approval and Trustee Eric Stanton seconded. The board recorded a unanimous roll call vote (6 to 0) to adopt the ordinance.
The meeting minutes do not specify the loan amount or project details within the ordinance presentation; the record indicates the board intended to secure financing authority through the loan program and moved to formalize that authorization at this meeting.
