Meeting Time: September 10, 2024 at 10:00am PDT
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Agenda Item

13. Recommended by Water System Approval of Closing Resolution for Safe Drinking Water State Revolving Loan Fund Construction Financing for City Trunk Line North Unit 1. The LADWP has been awarded a total of $1,238,125,946 in funding from the Safe Drinking Water State Revolving Fund through State Water Board. That amount includes $45,000,000 in 100 percent principal forgiveness awards under the American Recovery and Reinvestment Act of 2009 and $14,400,000 in grants from the base Drinking Water State Revolving Fund. Determine item is in compliance with CEQA Guidelines Sections 15060 (c)(3), and 15070-15075.