File #: ORD 17-012    Version: 1 Name: Ord 17-012 Ratifying and Approving PWTF Loan for $2,040,000 for Water Reservoir
Type: Ordinance Status: Passed
File created: 8/1/2017 In control: CITY COUNCIL REGULAR
On agenda: 8/7/2017 Final action: 8/7/2017
Title: Ordinance No. 17-012 Ratifying and Approving Public Works Trust Fund (PWTF) Loan Details: This ordinance formally approves a PWTF Loan for $2,040,000 with the State of Washington that was entered into on August 6, 2012. This loan is for the Gregg Reservoir project and will be repaid with funds from water utility billing. Presenter: Cathy Huber Nickerson, Finance Director
Indexes: Debt Issuances
Attachments: 1. Ordinance No. 17-012 Ratifying and Approving PWTF Loan
Related files: REP 17-283

Title

Ordinance No. 17-012 Ratifying and Approving Public Works Trust Fund (PWTF) Loan

Details:  This ordinance formally approves a PWTF Loan for $2,040,000 with the State of Washington that was entered into on August 6, 2012. This loan is for the Gregg Reservoir project and will be repaid with funds from water utility billing.

Presenter:  Cathy Huber Nickerson, Finance Director

Recommended Action

Recommended Action:  Staff recommends Council move to adopt Ordinance No. 17-012 and publish according to law.