FINANCIAL_SERVICESONGOING

Oswego County Legislature Resolution 0113 Intermunicipal Agreement

EFC Financing Supports Phoenix Wastewater Improvements

$12,137,421 (short-term financing) plus $4,766,402 (Village long-term financing principal amount)Oswego CountyNEW YORK STATE ENVIRONMENTAL FACILITIES CORPORATIONApril 22, 2026

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Description

Oswego County and partner municipalities are utilizing short-term and long-term financing from the New York State Environmental Facilities Corporation to fund the Phoenix wastewater treatment and conveyance project. The financing package includes over $12 million in short-term financing and $4.7 million in long-term Village debt supported by capital fee payments from the Town and IDA.

Contract Details

Contract Amount

$12,137,421 (short-term financing) plus $4,766,402 (Village long-term financing principal amount)

Vendor

NEW YORK STATE ENVIRONMENTAL FACILITIES CORPORATION

Agency

Oswego County, NY

Contract Type

FINANCIAL_SERVICES

Document Date

April 22, 2026

Renewal Info

Long-term financing principal amount of $4,766,402 will be repaid over a 40-year schedule via capital fees from the Town and IDA; details are set forth in Exhibits A and B.

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