Manchester Water District Board of Commissioners Meeting Minutes November 2024
Public Works Board Awards $960,000 Construction Loan for Well 10
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Description
Manchester Water District accepted a $960,000 construction loan from the Public Works Board to fund the Well 10 Manganese Treatment Project. The loan, approved for 20 years at 1.71% interest, was authorized by Resolution 2024-11.
Contract Details
Contract Amount
$960,000
Vendor
PUBLIC WORKS BOARD
Agency
Manchester Water District, WA
Contract Type
FINANCIAL_SERVICES
Document Date
November 12, 2024
Contract Term
20 years at 1.71% interest
Renewal Date
2044-09-06
Renewal Info
20-year loan term; standard government infrastructure loan terms.
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