Petersburg Borough Assembly Meeting Agenda May 4, 2026
Borough Approves $275K ADEC Loan for Outfall Repair
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Description
The Petersburg Borough Assembly approved Resolution #2026-08 authorizing the Borough Manager to secure up to $275,000 in State Revolving Fund financing from the Alaska Department of Environmental Conservation for the Frederick Sound wastewater outfall repair project. The loan will be repaid over a period of up to 20 years under existing wastewater enterprise debt authority.
Contract Details
Contract Amount
$275,000
Vendor
ALASKA DEPARTMENT OF ENVIRONMENTAL CONSERVATION
Agency
Petersburg Medical Center, AK
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Up to 20 years
Renewal Date
2046-06-30
Renewal Info
Single State Revolving Fund loan from the Alaska Clean Water Fund with a repayment term not exceeding 20 years; no renewal options are specified.
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