File #: 160214    Version: 1 Name: IEPA Loan Agreement
Type: Resolution Status: Passed
File created: 5/10/2016 In control: Village Board of Trustees
On agenda: Final action: 5/19/2016
Title: IEPA Loan Agreement Authorizing the signatures of the President and Clerk on a Loan Agreement with the Illinois Environmental Protection Agency regarding the funding of the Roosevelt Road Watermain Lining, Phase l & ll projects and the Water Transmission Main project. The loan agreement provides for funding in the amount of $8,172,392.00 over a 20 year term at 1.86% interest. (DISTRICTS #2 & #6)
Attachments: 1. 160214 BOT 5-19-16, 2. R 37-16, 3. Cover page 160214, 4. IEPA Loan disbursement - Water Main Lining, 5. IEPA Loan - Fer-Pal, Swallow - Water Main Lining

Title

IEPA Loan Agreement

Authorizing the signatures of the President and Clerk on a Loan Agreement with the Illinois Environmental Protection Agency regarding the funding of the Roosevelt Road Watermain Lining, Phase l & ll projects and the Water Transmission Main project. The loan agreement provides for funding in the amount of $8,172,392.00 over a 20 year term at 1.86% interest.  (DISTRICTS #2 & #6)

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