City Plans $32M Drinking Water Loan Financing
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Description
The City of Charleston is considering an ordinance to borrow up to $32 million from the State Drinking Water Revolving Loan Fund via the South Carolina Water Quality Revolving Fund Authority to finance improvements to water supply and distribution facilities. The action authorizes a loan agreement and promissory note related to this financing.
Contract Details
Contract Amount
Not exceeding $32,000,000
Vendor
SOUTH CAROLINA WATER QUALITY REVOLVING FUND AUTHORITY
Agency
City of Charleston city, SC
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
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