Board of Water and Natural Resources Minutes 2026-03-26
Bryant Secures $2.6M SRF Loan for Water Upgrades
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Description
The Board awarded the City of Bryant a $2,643,000 Drinking Water SRF loan at 3.50 percent interest with up to $2,116,000 in principal forgiveness to upgrade and loop its water distribution system under Phase 2B. The financing requires a bond resolution, project surcharge, and 2026 SRF grant availability.
Contract Details
Contract Amount
$2,643,000 Drinking Water SRF loan (up to $2,116,000 principal forgiveness)
Vendor
CITY OF BRYANT
Agency
South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources, SD
Contract Type
FINANCIAL_SERVICES
Document Date
March 26, 2026
Contract Term
30 years
Renewal Info
New SRF loan authorization issued March 26, 2026 for a 30-year term.
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Issuing Agency
South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources
State
Pierre, SD
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