paxton-village-meeting-minutes-2025-04-24_68b.pdf
West Street Water Main Project Receives USDA Loan
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Description
USDA funding approved a loan of $1,456,000 for Phase One of the West Street Water Main Project, costing $76,324 annually for 40 years. The entire project is estimated to cost $4,400,000 at $230,648 annually for 40 years with a current interest rate of 4.25%.
Contract Details
Contract Amount
$1,456,000
Vendor
UNITED STATES DEPARTMENT OF AGRICULTURE
Agency
Paxton village, NE
Contract Type
Loan
Document Date
April 24, 2025
Contract Term
40 years
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