Title
Acknowledgement of Form CT-0253 for DW1 2012-116
Body
SUMMARY:
CT-0253 is required to be presented to the City Council in public meeting. This is a report of the debt obligation for the waterline projects. It is funded through the State Revolving Loan Program in the face amount of $2,231,010; however, there is a principal forgiveness of $669,303.
BUDGET ACCOUNT:
Recommended Action
NECESSARY COUNCIL ACTION: Acknowledge presentation of form.