Easton considers water bond sale to state financing agency
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Description
The Town of Easton is considering Ordinance No. 853 to authorize issuance and private sale of two drinking water bonds to the Maryland Water Infrastructure Financing Administration in maximum principal amounts of $46,750 and $141,110. Proceeds will fund a lead service line inventory predictive modeling and verification project for the Easton water supply system.
Contract Details
Contract Amount
$46,750 and $141,110 (maximum principal amounts of two bonds)
Vendor
MARYLAND WATER INFRASTRUCTURE FINANCING ADMINISTRATION
Agency
Town of Easton, MD
Contract Type
FINANCIAL_SERVICES
Document Date
April 6, 2026
Renewal Info
Two new general obligation drinking water bond issuances (Series 2026A and 2026B) with corresponding loan agreements; renewal or refinancing terms are not specified in the agenda.
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