City of Princeton Minutes Council Meeting Minutes 2025-12-15
Princeton Approves $600,000 Water System Loan Agreement
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Description
The City of Princeton approved an Assistance Agreement with the Kentucky Infrastructure Authority for up to $600,000 in loan funds to finance water system Project F25-020L. The Mayor and City Clerk were authorized to execute all related financing documents.
Contract Details
Contract Amount
Up to $600,000
Vendor
KENTUCKY INFRASTRUCTURE AUTHORITY
Agency
City of Princeton, KY
Contract Type
FINANCIAL_SERVICES
Document Date
December 15, 2025
Renewal Info
Single loan financing authorization for Project Number F25-020L; no renewal terms mentioned.
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