State Board for Financing Water Projects Agenda Packet 2026-05-20
$1.5M water infrastructure loan awarded to Orovada GID
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Description
Orovada General Improvement District was awarded a $1,499,974.44 principal forgiveness loan for constructing a new water storage tank and transmission main. The project addresses regulatory storage requirements and is funded through the DWSRF.
Contract Details
Contract Amount
$1,499,974.44
Vendor
OROVADA GENERAL IMPROVEMENT DISTRICT
Agency
Nevada Division of Environmental Protection |Board for Financing Water Projects, NV
Contract Type
CONSTRUCTION
Document Date
May 20, 2026
Contract Term
Loan closing 6/18/2026; funds to be drawn within three years
Renewal Date
2029-06-18
Renewal Info
Funds must be drawn within three years from contract date. Asset management and user rate reviews required periodically for the life of the loan.
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RECOMMENDEDIssuing Agency
Nevada Division of Environmental Protection |Board for Financing Water Projects
State
CarsonCity, NV
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