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
Similar Discussions
5 related items found by meaning
Authorize $50 million state loan for water infrastructure improvements
Apply for state water board funding for sewer improvements
Approve 3 resolutions to finance sewer overflow prevention project
Approve 3 financing resolutions for wastewater treatment plant upgrades
Request $50 million state loan for wastewater treatment plant upgrades
The Story So Far
Related items from other meetings
Fiscal Year (FY) 2026-27 Operating Budget and FY 2026-27 to FY 2030-31 Five-Year Capital Improvement Plan
Public Hearing to Consider the Levy of Annual Assessments for the Hilltop Landscape Maintenance District
Emergency Response Ballot Measure Survey Findings and Advanced Life Support Funding Options
Public Hearing to Consider the Levy of Annual Assessments for the Marina Bay Landscaping and Lighting Maintenance District
Fiscal Year 2026-27 Appropriations Limit
Task Authorization to Veolia for Fiscal Year 2025-26 Grade 5 Risk Assessment Analysis Sewer Rehabilitation Work
Review and Provide Direction on the Fiscal Year (FY) 2026-27 Proposed Budget and FY 2026-31 Five-Year Capital Improvement Plan
Contract with Health Management Association, Inc. to Conduct an Assessment of Richmond’s Mental Health and Trauma-Response Services
Budget Study Session on Proposed Fiscal Year 2026-27 Operating Budget and Fiscal Year 2026-31 Five-Year Capital Improvement Plan
Preliminary Engineer’s Report and Intent to Levy Assessments for Hilltop Landscape Maintenance District (HLMD) for Fiscal Year (FY) 2026-27