Board of Water and Natural Resources Minutes 2026-03-26
Viborg Gains $2.23M SRF Loan for Phase 2 Water
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Description
The Board awarded the City of Viborg a $2,226,000 Drinking Water SRF loan, including up to $1,093,000 in principal forgiveness, to construct Phase 2 of its water distribution improvements. The 30-year financing at 3.50 percent is conditioned on local bond and surcharge actions.
Contract Details
Contract Amount
$2,226,000 Drinking Water SRF loan (up to $1,093,000 principal forgiveness)
Vendor
CITY OF VIBORG
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 for 30-year term authorized March 26, 2026; city also received a separate Phase 1 SRF loan the same day.
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Viborg-Hurley School District 60-6 Board of Education Minutes 2026-05-07
APPROVEDViborg-Hurley School District 60-6 Board of Education Minutes April 2026
APPROVEDBoard of Water and Natural Resources Minutes 2026-03-26
AWARDEDViborg-Hurley School District 60-6 Board of Education Minutes March 2026
APPROVEDViborg-Hurley School District 60-6 Board of Education Minutes March 2026
APPROVEDIssuing Agency
South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources
State
Pierre, SD
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