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Title:
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An Ordinance of the Village of Lombard, DuPage County, Illinois, Confirming and Supporting a Loan to the Glenbard Wastewater Authority from the IEPA Water Pollution Control Loan Program for the 2023 Primary Clarifier Improvements Project
Approving an Ordinance in support of the funding for the Primary Clarifier Improvements Project. The Glenbard Wastewater Authority has been seeking an IEPA loan to fund the project. The loan must be secured by the Authority via Resolution, and by the Villages of Glen Ellyn and Lombard passing Ordinances. The funds used to repay the debt will come from sewer charges collected by each Village and paid to the Authority. The Ordinance under consideration provides the assurances required of the Village of Lombard by the IEPA to qualify for the low interest loan. Staff is requesting a waiver of First Reading.
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