Waynesville Debates $8.7 Million Loan vs $5 Million Grant

Town is considering rejecting an $8.7 million State Revolving Loan at 0% interest to apply for a $5 million DEQ grant for Little Champion junction box/pump station.

Document date · July 31, 2025

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Scope & details

The full contract record, as filed.

Contract amount

$8,700,000

Contract type

Loan

Contract term

20 years

Document type

Minutes

Source document

town-of-waynesville-town-council-special-meeting-minutes-july-31-2025_c42.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the loan contract by Town of Castalia?

State Revolving Loan was awarded this loan contract by Town of Castalia, as recorded on July 31, 2025. The contract value is $8,700,000.

How much is the State Revolving Loan contract with Town of Castalia worth?

The State Revolving Loan contract with Town of Castalia is valued at $8,700,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-waynesville-town-council-special-meeting-minutes-july-31-2025_c42.pdf (Minutes), dated July 31, 2025 from Town of Castalia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does State Revolving Loan hold?

State Revolving Loan may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View State Revolving Loan's profile

What is Town of Castalia currently buying?

Explore Town of Castalia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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