Civic IQ
FINANCIAL_SERVICESPENDING

Penacook/Boscawen Water Precinct Minutes 2026-05-13

USDA $4M Long-Term Water Project Loan Pending

$4,000,000 (maximum)Penacook Boscawen Water PrecinctUSDAMay 13, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The USDA is set to finance up to $4 million for the Chandler Street Project through a 30-year municipal loan. The commitment letter is pending, with no upfront cash requirement for the Precinct.

Contract Details

Contract Amount

$4,000,000 (maximum)

Vendor

USDA

Agency

Penacook Boscawen Water Precinct, NH

Contract Type

FINANCIAL_SERVICES

Document Date

May 13, 2026

Contract Term

30 years

Renewal Date

2056-05-13

Renewal Info

30-year term; loan starts once construction is completed/refinanced from interim bank loan.

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