City of Oakland Regular City Council Meeting Agenda 2026-05-18
City Amends NDWEE Loan for Water System Project
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Description
The Oakland City Council adopted Resolution 2026-2, authorizing Amendment No. 1 to its January 19, 2024 loan agreement with the Nebraska Department of Water, Energy, and Environment for Water Project No. D311703. The amendment updates financing terms for the city’s public water system improvements.
Contract Details
Vendor
NEBRASKA DEPARTMENT OF WATER, ENERGY, AND ENVIRONMENT
Agency
Town of Oakland, NE
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Loan agreement dated January 19, 2024, amended by Amendment No. 1 in May 2026 for Project No. D311703
Renewal Info
Amendment No. 1 modifies the existing NDWEE loan agreement; details include updated forgiveness percentage and term discussed with SRF, but exact new maturity date is not stated.
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