City of Herington Regular Meeting Agenda Packet March 2026
WWTF Phase II Loan Agreement Approved with KDHE
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Description
The City of Herington entered a loan agreement with the Kansas Department of Health and Environment for up to $3,614,120 to finance Phase II of wastewater treatment facility upgrades. The agreement was adopted and executed in early 2026.
Contract Details
Contract Amount
Not to exceed $3,614,120
Vendor
KANSAS DEPARTMENT OF HEALTH AND ENVIRONMENT
Agency
City of Herington, KS
Contract Type
FINANCIAL_SERVICES
Document Date
March 3, 2026
Contract Term
Loan effective February 9, 2026, scheduled repayment per loan agreement schedule (typically 20-30 years; exact amortization unspecified)
Renewal Info
Standard loan amortization with no renewal or extension stated. Repayment schedule and terms governed by agreement; new phase/loan would require new action.
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