City of Revere AgendaPacket Regular Meeting 2026-05-18
City Advances $12.2M Sewer Loan with State Trust
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Description
The City of Revere advanced a $12.2 million borrowing authorization for Wonderland Area Sewer Improvements, enabling the Treasurer and Mayor to seek financing from the Massachusetts Clean Water Trust under the state revolving fund program. The proposed loan and security agreements would fund Conveyance Project 1, subject to public hearing and final Council approval.
Contract Details
Contract Amount
$12,200,000
Vendor
MASSACHUSETTS CLEAN WATER TRUST
Agency
Revere School District, MA
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
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