Avon Lake Board of Municipal Utilities Agenda Packet May 2026
Board Seeks $13.7M OWDA Loan for Expansion
Trusted by teams at
Description
The Board authorized submitting a $13,730,901 loan application to the Ohio Water Development Authority to finance the Administration Building Expansion Project, including inspections and contingency. Actual borrowing will reflect project costs net of planned cash contributions.
Contract Details
Contract Amount
$13,730,901.00 (loan application amount)
Vendor
OHIO WATER DEVELOPMENT AUTHORITY
Agency
Avon Lake Regional Water, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2026
Contract Term
15 to 20 years (anticipated debt service period)
Renewal Info
Loan term expected to be 15–20 years of debt service once finalized by OWDA.
More from OHIO WATER DEVELOPMENT AUTHORITY
Related Contracts
City of Cincinnati Agenda Calendar 2026-06-10
PENDINGCity of Cincinnati Agenda Calendar 2026-06-10
PENDINGVillage of Dunkirk Board of Public Affairs Minutes 2026-06-08
APPROVEDCity of St. Clairsville Resolution Authorizing Water Supply Revolving Loan Account Application 2026-06-01
PENDINGLancaster City Council Agenda 2026-05-18
PENDINGMore from Avon Lake Regional Water
Avon Lake Board of Municipal Utilities AgendaPacket 2026-05-19
Avon Lake Board of Municipal Utilities AgendaPacket 2026-05-19
Avon Lake Board of Municipal Utilities AgendaPacket 2026-05-19
Avon Lake Board of Municipal Utilities AgendaPacket 2026-05-19
Avon Lake Board of Municipal Utilities AgendaPacket 2026-05-19
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.