Examples of SRF Loans in a sentence
Each of the City’s SRF Loans have a level debt service schedule with a twenty year repayment period.
Beginning October 1, 2023, Iowa’s SRF Loan Programs will utilize Base Interest Rates for Tax-Exempt and Taxable Standard Term SRF Loans (up to a 20-year term) that will be re-calculated and published on the first business day each January, April, July, and October (the “Effective Date”).
Water and Wastewater SRF Loans – although summarized as annual requirements loans are anticipated to be secured as available in manageable groups with the Utility initially paying the construction invoices and submitting to FDEP for reimbursement.
The updated 2019 Water Master Plan included a strategy to fund certain projects utilizing the Drinking Water SRF Loans available through the SWRCB.
State Revolving Fund Loan – Applicant must provide “Commitment Agreement” or “Letter of Approval for State Revolving Fund Loan Program In lieu of Commitment Agreement”, adopted by Resolution or a successful certified debt election for SRF Loans.
The Agency wishes to obtain a revolving line of credit (the “Line of Credit”) from the Bank hereunder and the Bank is willing, upon the terms and subject to the conditions set forth below, to provide the Line of Credit to the Agency to pay Project Costs (as defined herein) reimbursable from certain SRF Loans, the Proposition 1 Storm Water Grant, the Proposition 1 Water Recycling Funding Program Construction Grant and Net Revenues (as defined herein), and, as set forth herein.
Transfers from General Fund to Other FundsWater19,731 Wastewater0 Landfill386,117 Harbor0 Senior Center167,689 Ambulance Replacement49,500 Equipment Replacement0 Capital Projects140,981 SRF Loans Payments47,400 Streets Bond Payment206,750 Firehall Bond Payment46,000 School Bond payment 1,066,250 Total Transfers from Gen.
Beginning October 1, 2023, Iowa’s State Revolving Fund Loan Programs will utilize Base Interest Rates for Tax-Exempt and Taxable Standard Term SRF Loans (up to a 20-year term) that will be re-calculated and published on the first business day each January, April, July, and October (the “Effective Date”).
SRF Loans may provide additional assistance in the form of principal forgiveness.
Debt: Three Clean Water State Revolving Fund (SRF) Loans in the amount of$22.7M at 2.2% interest are being used solely for the Woods Valley Ranch Waste- water Expansion Project.