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Legislation Details
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File #:
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202601975
Version:
1
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Type:
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Ordinance
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Status:
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Agenda Ready
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On agenda:
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6/10/2026
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Final action:
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Title:
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ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 6/10/2026, AUTHORIZING the City Manager to apply for, accept, and appropriate Water Supply Revolving Loan Account loan funding of up to $8,000,000, comprised of $4,240,000 in principal forgiveness and $3,760,000 in zero-interest loan funding, from the Ohio Environment Protection Agency and the Ohio Water Development Authority, to be expended from the Water Works non-personnel budget account no. 756x300x7600 and 312x300x7200, to assist with the cost of replacing public and private lead service lines within the Greater Cincinnati Water Works' service area; and AUTHORIZING, the Director of Finance to receive and deposit loan funds into Fund Numbers 756x8569, 756x8527, 312x8569, and 312x8527.
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Attachments:
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1. Transmittal, 2. Ordinance
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title
ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 6/10/2026, AUTHORIZING the City Manager to apply for, accept, and appropriate Water Supply Revolving Loan Account loan funding of up to $8,000,000, comprised of $4,240,000 in principal forgiveness and $3,760,000 in zero-interest loan funding, from the Ohio Environment Protection Agency and the Ohio Water Development Authority, to be expended from the Water Works non-personnel budget account no. 756x300x7600 and 312x300x7200, to assist with the cost of replacing public and private lead service lines within the Greater Cincinnati Water Works’ service area; and AUTHORIZING, the Director of Finance to receive and deposit loan funds into Fund Numbers 756x8569, 756x8527, 312x8569, and 312x8527.
recommendation
BUDGET, FINANCE & GOVERNANCE COMMITTEE
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