City of Toledo Meeting Minutes - Final 2026-06-23
Zero-Interest WSRLA Loan for Lead Line Replacement
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Description
Council authorized the Mayor to secure up to $6,000,000 in zero-interest loan funding from the Water Supply Revolving Loan Account for the Lead Service Line Replacement Project, along with $300,000 for administrative fees. The ordinance also empowers the Mayor to bid and execute agreements for the work.
Contract Details
Contract Amount
Not to exceed $6,000,000 (loan proceeds) plus $300,000 (fees and miscellaneous costs)
Vendor
WATER SUPPLY REVOLVING LOAN ACCOUNT (WSRLA)
Agency
Toledo village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
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