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Engineer reports PennVest closing set for July 7; amendment signed
Summary
The engineer’s report recorded that Chairman Kevin Lettrich signed a June 2024 amendment and that the PennVest loan closing is scheduled for July 7, 2026 at 9:30 a.m.
During the engineer’s report the Authority recorded that Chairman Kevin Lettrich signed an amendment from June 2024 related to project paperwork. Staff reported the PennVest loan closing has been scheduled for July 7, 2026 at 9:30 a.m.
That date is time-sensitive for the Authority’s financing timeline; staff listed the PennVest payment check from the City of Lower Burrell dated June 5, 2026 for $6,169.78 as covering loan payment 94 of 360. The Authority did not take additional votes on PennVest during this meeting but the closing date was entered into the record.
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