City of Mascotte Council Meeting Agenda Packet 2026-05-19
City Applies for $1.99 Million Wastewater Loan with FDEP
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Description
Mascotte City Council to approve submission of a $1.99 million State Revolving Fund loan application to the Florida Department of Environmental Protection for crucial wastewater upgrades, with repayment over 20 years from utility revenues.
Contract Details
Contract Amount
$1,991,213
Vendor
FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION
Agency
City of Mascotte, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
20 years
Renewal Date
2046-05-19
Renewal Info
Loan term is 20 years, with required coverage and authorizing resolution. No senior lien except prior SRF loans.
More from FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION
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