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FINANCIAL_SERVICESAPPROVED

Walton/Okaloosa/Santa Rosa Regional Utility Authority Meeting Agenda Packet October 2025

RUA enters interlocal loan agreement with Holt Water Works

Walton-Okaloosa-Santa Rosa Regional Utility AuthorityHOLT WATER WORKS INCOctober 2, 2025

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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
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Description

The Walton/Okaloosa/Santa Rosa Regional Utility Authority approved an Interlocal Agreement with Holt Water Works, Inc. on October 2, 2025 to sponsor Holt’s application for a Florida DEP State Revolving Fund drinking water loan. Holt will pledge its system revenues and cover all costs and repayment obligations for planned water system improvements.

Contract Details

Vendor

HOLT WATER WORKS INC

Agency

Walton-Okaloosa-Santa Rosa Regional Utility Authority, FL

Contract Type

FINANCIAL_SERVICES

Document Date

October 2, 2025

Contract Term

Until State Revolving Fund loan is paid in full or 24 months if loan is not funded

Renewal Info

Agreement terminates automatically if the Florida DEP does not fund the SRF loan within 24 months of signing; otherwise it remains in force until the loan is fully repaid and Holt’s obligations are satisfied.

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