City of Toledo Formal Agenda 2026-06-23
Zero-Interest WSRLA Financing for Lead Line Replacement
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Description
The City seeks to enter into zero-interest financing agreements with the Water Supply Revolving Loan Account for up to $6 million to fund the Lead Service Line Replacement Project, including $300,000 for administrative fees and misc. costs. Loan proceeds will be deposited into the Water Replacement Fund.
Contract Details
Contract Amount
Not to exceed $6,000,000 (loan proceeds); plus $300,000 for fees and misc. 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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