Accept $50 million state loan for water infrastructure projects
$50,000,000
Resolution 29-21
In Plain English
The State Water Resources Control Board offered the city a low-interest loan through its State Revolving Fund program. These loans typically fund water system upgrades, pipeline replacements, or treatment facility improvements. If approved, the city gains access to $50 million in financing at below-market rates for essential water infrastructure.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
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