Wastewater Treatment Plant Improvements Loan Agreement

The City of Havana, Illinois is seeking a $3,000,000 loan from the Water Pollution Control Loan Program for wastewater treatment plant improvements.

General
Open
Ordinance Number 1513
Apr 06, 2027 12:00 AM
Apr 15, 2026 12:00 PM
$3,000,000.00
Grant
Local
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Original Solicitation Links
[

Ordinance Number 1513

]
http://www.democratnewspapers.com
Description

The City of Havana, Mason County, Illinois is seeking to borrow up to $3,000,000 from the Water Pollution Control Loan Program, administered by the Illinois Environmental Protection Agency. These funds will be used to improve the city's sewerage system, specifically for the "2025 Wastewater Treatment Plant Improvements" project. The estimated useful life of the project is 25 years, and the loan will have a term of 20 years, with semi-annual principal and interest payments. The loan will be repaid from the revenues of the sewerage system.

Classification Codes
NAICS221320Sewage Treatment Facilities
PSCY244Construction of Sewage and Waste Facilities
Smart Codes
wastewater treatment plant improvementssewerage system upgradesmunicipal infrastructure financing
Timeline
Apr 6, 2027-Potential Referendum Date
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