Lead service line replacement financing
Town of SaugatuckMichigan- Detected
- Oct 21, 2026
- 17 days ago
- Sector
- Infrastructure & Maintenance
- Est. value
- Free account
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From the meeting
At its October 21, 2026 meeting, the City Council reviewed the Fiscal Year 2027 Drinking Water State Revolving Fund (DWSRF) package for replacement of 135 known lead and/or galvanized service lines. The total project budget was $1,690,000, including $169,000 in principal forgiveness and a $1,521,000 loan at 0% interest for up to 30 years. Staff said a budget amendment would be needed in the coming months.
The item was discussed and staff sought council action on the financing work.
- Meeting date
- October 21, 2026
- Agency
- Town of Saugatuck
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