fayette-county-meeting-minutes-2025-06-10_789.pdf
Fayette Approves $2M Sewer System Improvement Loan
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Description
City of Fayette approves ordinance for $2,050,000 sewer revenue warrant with Alabama Water Pollution Control Authority to finance capital improvements to the city's sewer system. The Warrant, Series 2025-CWSRF-DL, will mature in annual installments from 2026 to 2045 with an interest rate of 0.10% per annum.
Contract Details
Contract Amount
$2,050,000
Vendor
ALABAMA WATER POLLUTION CONTROL
Agency
Fayette County, AL
Contract Type
Loan
Document Date
June 10, 2025
Contract Term
2025-2045
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