Turner Road lift station financing
City of AshlandWisconsin- Detected
- Jul 14, 2026
- 116 days ago
- Sector
- Utilities
- Est. value
- Free account
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THE 30-SECOND BRIEF
Ashland is finalizing Clean Water Fund Program financing for the completed Turner Road Lift Station Upgrades, with $506,258 in eligible costs and $329,068 in principal forgiveness. The remaining $177,190 will be repaid over 20 years at 1.419% via sewerage system revenue bonds. This confirms Ritola, Inc. and prior professional service providers as incumbents and signals ongoing wastewater capital work, rate planning, and future lift station or collection system projects the utility will need support on.
329068 of the project cost is forgiven principal; 177190 is financed by sewer utility revenue bonds at 1.419%.
From the meeting
- Meeting date
- July 14, 2026
- Agency
- City of Ashland
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