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FINANCIAL_SERVICESAPPROVED

City of Seward Council Agenda Packet May 11, 2026

City Accepts Forgivable Loan for Water Main Project

$850,000 with loan forgiveness of $850,000City of SewardALASKA DEPARTMENT OF ENVIRONMENTAL CONSERVATION DRINKING WATER FUNDMay 11, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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