City Accepts Forgivable Loan for Water Main Project
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Description
Seward City Council approved Resolution 2026-043 to accept an $850,000 Alaska Department of Environmental Conservation Drinking Water Fund loan with full forgiveness to finance the Birch Street Water Main Replacement. The action secures state support for critical water infrastructure upgrades at no net debt to the city.
Contract Details
Contract Amount
$850,000 with loan forgiveness of $850,000
Vendor
ALASKA DEPARTMENT OF ENVIRONMENTAL CONSERVATION DRINKING WATER FUND
Agency
City of Seward, AK
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
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