Viborg Secures $479K SRF Loan for Highway 19 Water
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Description
The Board approved a $479,000 Drinking Water SRF loan to the City of Viborg at 3.50 percent interest for Phase 1 Highway 19 watermain improvements. The 30-year loan supplements earlier Phase 2 funding and is conditioned on local bond and surcharge adoption.
Contract Details
Contract Amount
$479,000 Drinking Water SRF loan
Vendor
CITY OF VIBORG
Agency
South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources, SD
Contract Type
FINANCIAL_SERVICES
Document Date
March 26, 2026
Contract Term
30 years
Renewal Info
Second SRF loan for Viborg approved on March 26, 2026, with a 30-year term.
More from CITY OF VIBORG
Issuing Agency
State
Pierre, SD
More from South Dakota Department of Environment & Natural Resources | Board of Water and Natural Resources
Board of Water and Natural Resources Meeting Agenda March 2026
Board of Water and Natural Resources Meeting Agenda March 2026
Board of Water and Natural Resources Meeting Agenda March 2026
Board of Water and Natural Resources Meeting Agenda March 2026
Board of Water and Natural Resources Meeting Agenda March 2026
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