Title
Approval of a Resolution to Apply for a Loan from the Georgia Environmental Facilities Authority (GEFA).
(per Kay - keep pushing back until she or Danny lets me know)
Presented by Danny Blitch, Grants Manager
Body
Item Summary:
This loan will finance a portion of the costs of the Municipal Building Water Conservation project. The amount of the loan will not exceed $500,000.
Committee or Staff Recommendation:
On August 4, 2009 the Administration and Finance & Recreation and Parks Committee recommended placing this item on the Mayor and Council Agenda.
Financial Impact:
Funding for repayment of the GEFA loan will come from the Water Fund. At the time of acceptance of the loan, revenue/other financing sources and expenditures/other financing uses accounts will be established.
Presented by:
Danny Blitch, Grants Manager