City may borrow up to $5 million for water plant

Sean C. Morgan

The Sweet Home City Council authorized city officials to borrow up to $5 million to develop plans and construct a new water treatment plant.

The city can access up to $4 million through the State Drinking Water Revolving Fund and $1,030,000 in a Water-Wastewater Financing Loan.

The decision sets up a loan reserve account in the city’s budget and authorizes City Manager Craig Martin to sign loan documents on behalf of the…

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