City of Crossville - File #: 15-0112

• File #: 15-0112
• Version: 1
• Name: CT-0253
• Type: Report
• Status: Filed
• File created: 3/17/2015
• In control: City Council
• On agenda: 4/14/2015
• Final action: 4/14/2015
• Title: Acknowledgement of Form CT-0253
• Sponsors: City Clerk, Finance Department

Date	Ver.	Action By	Action	Result
4/14/2015	1	City Council	presented	Pass
4/7/2015	1	Work Session	presented

Title

Acknowledgement of Form CT-0253

Body

SUMMARY:

The City is receiving funds from the State Revolving Loan Fund for the I/I sewer improvements project.  These funds come in the form of a $1,755,000 loan and $195,000 in principle forgiveness (grant).  The loan has now been approved by the Tennessee Local Development Authority.  A requirement of the Comptroller's Office is the completion of Form CT-0253 and its presentation to City Council at a public meeting.

BUDGET ACCOUNT:

Recommended Action

NECESSARY COUNCIL ACTION:  Acknowledge presentation of Form CT-0253.