City Secures $12.85M Clean Water Loan from WDNR
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Description
The Common Council approved a $12.85 million Clean Water Fund Loan from the Wisconsin Department of Natural Resources for upgrading the Wastewater Treatment Plant. The 20-year loan locks in a 2.145% interest rate to support design, construction, and related costs.
Contract Details
Contract Amount
$12,850,100
Vendor
WISCONSIN DEPARTMENT OF NATURAL RESOURCES (WDNR)
Agency
City of Port Washington, WI
Contract Type
FINANCIAL_SERVICES
Document Date
May 7, 2024
Contract Term
20 years
Renewal Date
2044-05-07
Renewal Info
20-year fixed-term Clean Water Fund Loan for plant upgrades; subject to loan agreement with WDNR.
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