City of Racine - File #: Res.0047-17

• File #: Res.0047-17
• Version: A
• Name: Safe Drinking Water Loan Fund Program (SDWLFP)
• Type: Resolution
• Status: Passed
• File created: 2/22/2017
• In control: City Attorney's Office
• On agenda: 2/22/2017
• Final action: 2/22/2017
• Title: Safe Drinking Water Loan Fund Program (SDWLFP) Resolved, that the Mayor and City Clerk are authorized to sign the Financial Assistance Agreement for the Safe Drinking Water Loan Fund Program (SDWLFP)relating to Project No. 4887-08, Private Lead Service Lateral Replacements. Fiscal Note: This loan is in the amount of $500,000.00 and contains principal forgiveness in an amount up to $500,000.00 for private lead service lateral replacements.
• Sponsors: Q.A. Shakoor II
• Related files: 54-17

Date	Ver.	Action By	Action	Result
2/22/2017	A	Common Council	Approved as Presented	Pass

Sponsor

Alderman Shakoor

Title

Safe Drinking Water Loan Fund Program (SDWLFP)

Resolved, that the Mayor and City Clerk are authorized to sign the Financial Assistance Agreement for the Safe Drinking Water Loan Fund Program (SDWLFP)relating to Project No. 4887-08, Private Lead Service Lateral Replacements.

Fiscal Note: This loan is in the amount of $500,000.00 and contains principal forgiveness in an amount up to $500,000.00 for private lead service lateral replacements.