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Legislation Details
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File #:
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202602333
Version:
1
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Type:
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Ordinance
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Status:
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Pass
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On agenda:
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6/17/2026
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Final action:
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Title:
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ORDINANCE (B VERSION) submitted by Sheryl M. M. Long, City Manager, on 6/15/2026, AUTHORIZING the City Manager or the City Manager's designee 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 Environmental Protection Agency and the Ohio Water Development Authority, to be expended from the Water Works Capital Fund properties budget account no. 756x300x7600 and Water Works Private Lead Service Line Replacement Fund non-personnel operating budget account no. 312x300x7200, to assist with the cost of replacing public and private lead service lines within the Greater Cincinnati Water Works' service area; AUTHORIZING the Director of Finance to receive and deposit loan funds into Fund 756, "Water Works Capital," revenue account nos. 756x8569 and 756x8527, as well as, Fund 312, "Water Works Private Lead Service Line Replacement Fu...
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Attachments:
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1. Transmittal, 2. Ordinance
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title
ORDINANCE (B VERSION) submitted by Sheryl M. M. Long, City Manager, on 6/15/2026, AUTHORIZING the City Manager or the City Manager’s designee 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 Environmental Protection Agency and the Ohio Water Development Authority, to be expended from the Water Works Capital Fund properties budget account no. 756x300x7600 and Water Works Private Lead Service Line Replacement Fund non-personnel operating budget account no. 312x300x7200, to assist with the cost of replacing public and private lead service lines within the Greater Cincinnati Water Works’ service area; AUTHORIZING the Director of Finance to receive and deposit loan funds into Fund 756, “Water Works Capital,” revenue account nos. 756x8569 and 756x8527, as well as, Fund 312, “Water Works Private Lead Service Line Replacement Fund,” revenue account nos. 312x8569 and 312x8527; and DECLARING the expenditures from Private Lead Service Line Replacement Fund 312 for private lead service line replacement activities to serve a public purpose.
recommendation
PASS
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