Jefferson River flood mitigation loan
City of Three ForksMontana- Detected
- Oct 13, 2026
- 14 days ago
- Sector
- Capital Projects
- Est. value
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From the meeting
The City Council authorized a temporary interfund loan to the Jefferson River Flood Mitigation Project. The Sewer Fund will lend $600,000 at 3% simple interest to cover upcoming easement costs before SID #34 and FEMA grant revenue arrives. The loan repays in semi-annual installments and matures no later than June 2031.
This is a funding trigger for a flood mitigation project that still has future cash needs and grant timing risk.
- Meeting date
- October 13, 2026
- Agency
- City of Three Forks
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