$1 million interest-free loan to Municipal Authority for water expansion
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Description
The Commissioners approved a $1,000,000, ten-year interest-free Subrecipient loan agreement with the Mifflin County Municipal Authority to expand public water service to unserved and underserved areas, including the county airport. In-house labor will help reduce overall project costs and remaining funds will support additional extensions.
Contract Details
Contract Amount
$1,000,000.00
Vendor
MIFFLIN COUNTY MUNICIPAL AUTHORITY
Agency
Mifflin County, PA
Contract Type
FINANCIAL_SERVICES
Document Date
September 21, 2023
Contract Term
Ten years
Renewal Info
Ten-year, no-interest loan; renewal beyond the initial term is not specified.
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