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Council adopts amended financing resolution clarifying $198,000 ARPA allocation for interceptor project

Village of Goodrich Village Council · October 16, 2024

Summary

Council adopted amended resolution 2024-10 to clarify Exhibit B of the Curvy (Grizzly) Creek interceptor financing: the village will use $198,000 in ARPA funds toward a 219-unit allocation, and the county will hold 81 units in reserve.

The Village of Goodrich council adopted an amended resolution (No. 2024-10) clarifying financing terms for the Curvy (also referenced as Grizzly) Creek interceptor project and specifying ARPA fund use. Chair (S3) read the amendment explaining that the exhibit requires county approval to hold 81 units in reserve and that the village will utilize $198,000 of ARPA funds toward project costs covering 219 units after units were reduced from an earlier 300-unit projection.

Chair (S3) said the amendment puts the county’s commitment in writing — that it will “hold 81 units in reserve for the village to purchase at current cost plus interest” — and that the village’s ARPA allocation of $198,000 will be applied to the project. Committee member (S5) moved to adopt the amended resolution and the motion carried on roll call.

Members noted the project cost has been adjusted several times and emphasized that the amendment protects the village’s ability to buy additional units later at the agreed price plus interest. The council did not specify additional implementation steps at the meeting beyond adoption; staff will follow up with the county to finalize the exhibit language.

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