Clackamas County Resolution Authorizing a Loan Agreement for the Hoodland Facility Plan Update 2026-05-21
DEQ SRF Loan Approved for Hoodland Plan Update
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Description
The Clackamas County Board, acting as the Water Environment Services Board, approved a State Revolving Fund loan agreement with the Oregon Department of Environmental Quality for approximately $100,000 to finance the Hoodland Facility Plan Update. The loan carries 100% principal forgiveness contingent on project completion and requires no county general funds.
Contract Details
Contract Amount
$100,000 (100% principal forgiveness)
Vendor
OREGON DEPARTMENT OF ENVIRONMENTAL QUALITY
Agency
Clackamas County, OR
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Renewal Info
Loan is structured under the Clean Water State Revolving Fund with 100% principal forgiveness upon completion; amendments are permitted if they do not increase the amount of indebtedness. Specific maturity date is not stated in the resolution.
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