Lake Michigan water project financing
Oswego village (pt.)Illinois- Detected
- Oct 6, 2026
- 28 days ago
- Sector
- Utilities
- Est. value
- Free account
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From the meeting
Finance Director Andrea Lamberg updated the board on financing for the Lake Michigan water project. Staff said 49% of costs were the best estimates available, interim financing occurred earlier in 2026, and the project remained fluid with multiple scenarios under review. They said construction was still on track and staff was working with the federal lobbyist to get the WIFIA loan released.
The board discussed loan rates, terms, and refinancing options; no decision was recorded.
- Meeting date
- October 6, 2026
- Agency
- Oswego village (pt.)
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