Water authority lease extended to 2066 for USDA loan
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Description
The Town of Arcadia approved Addendum No. 1 to its Amended and Restated Lease Agreement with the Wayne County Water and Sewer Authority, extending the lease term to February 28, 2066. The extension ensures the lease aligns with the 38-year USDA financing for Southwest Water Improvement Area Benefit Area No. 3.
Contract Details
Vendor
WAYNE COUNTY WATER AND SEWER AUTHORITY
Agency
Town of Arcadia, NY
Contract Type
FACILITIES
Document Date
April 14, 2026
Contract Term
Lease term extended through February 28, 2066
Renewal Date
2066-02-28
Renewal Info
Original amended and restated lease effective March 1, 2023, previously expiring February 28, 2063; Addendum No. 1 extends the term three additional years through February 28, 2066.
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Town of Arcadia Town Board Meeting Minutes April 2026
Town of Arcadia Town Board Meeting Minutes April 2026
Town of Arcadia Town Board Meeting Agenda April 14, 2026
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