City of Racine - File #: 0913-24

• File #: 0913-24
• Version: A
• Name: Subject: Request Authorization to Submit Intent to Apply (ITA) to the Department of Natural Resources (DNR) for FY2026 Loan for the 42" Water Main - Phase 4 Project Staff Recommendation: To Approve Fiscal Note: Tentative ITA loan amount will be $5,0
• Type: Communication
• Status: Passed
• File created: 10/8/2024
• In control: Waterworks Commission
• Final action: 10/17/2024
• Title: Subject: Request Authorization to Submit Intent to Apply (ITA) to the Department of Natural Resources (DNR) for FY2026 Loan for the 42" Water Main - Phase 4 Project Staff Recommendation: To Approve Fiscal Note: Tentative ITA loan amount will be $5,000,000 to cover Racine Water Utility's share (approximately 51%). The rest of the cost will be paid by Mt. Pleasant. Ruekert-Mielke to provide technical support submitting ITA through general professional service agreement.

Date	Ver.	Action By	Action	Result
10/17/2024	A	Waterworks Commission

Title

Subject: Request Authorization to Submit Intent to Apply (ITA) to the Department of Natural Resources (DNR) for FY2026 Loan for the 42" Water Main - Phase 4 Project

Staff Recommendation: To Approve

Fiscal Note: Tentative ITA loan amount will be $5,000,000 to cover Racine Water Utility's share (approximately 51%). The rest of the cost will be paid by Mt. Pleasant. Ruekert-Mielke to provide technical support submitting ITA through general professional service agreement.