town-of-oyster-bay-housing-authority-meeting-minutes-2024-05-21_d5f.pdf
Town Approves $58M Water Bond for Jericho Water District
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Description
The Town of Oyster Bay Board approved a bond financing request from the Jericho Water District for up to $58,391,000 to fund critical water treatment upgrades and infrastructure projects, including emerging contaminant treatment and facility improvements. The bond ensures the District's ability to meet new stringent EPA standards and adapt priorities as needs or additional grant funding arise.
Contract Details
Contract Amount
Not to exceed $58,391,000
Vendor
JERICHO WATER DISTRICT
Agency
Town of Oyster Bay Housing Authority, NY
Contract Type
FACILITIES
Document Date
May 21, 2024
Renewal Info
Bond is a new issuance; flexible project substitution authorized within total amount. Some projects may be replaced with contingency items if alternate funding or needs arise. This is a one-time, not renewable authorization.
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pendingIssuing Agency
Town of Oyster Bay Housing Authority
Local Housing Authority
Plainview, NY
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