Authority to Reimburse General Fund from PENNVEST Loan
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Description
Resolution 2026-07 will authorize the Authority to reimburse its general fund from PENNVEST Loan No. 75416 for Phase 1C Sewer Improvements Project costs. This aligns internal cash flow with planned loan financing.
Contract Details
Contract Amount
$3,769,709
Vendor
PENNVEST
Agency
Town of Somerset, PA
Contract Type
FINANCIAL_SERVICES
Document Date
April 27, 2026
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