Cherry Street Utility Loans

At a glance

  • What: Two Board of Finance resolutions authorizing state revolving fund loans to upgrade the Cherry Street water distribution and wastewater collection systems (Public Works, Water Resources).
  • Status: Both resolutions were on the June 29, 2026 consent agenda, adopted unanimously (Litwin/Schachter).
  • Next: The City borrows from the state funds for the Cherry Street upgrades.

Detail

  • A $2,033,000 construction loan from the Vermont Drinking Water State Revolving Fund for upgrade of the Cherry Street distribution system.
  • An up to $2,604,600 Step III loan from the Vermont Clean Water State Revolving Fund for upgrade of the Cherry Street collection system.

The minutes do not record discussion. They also do not say how these utility upgrades relate to the Reconnecting Bank and Cherry street project; for the land-taking decisions on that project see Cherry Street Condemnation Decisions. Compare the earlier Manhattan Stormwater Outfalls Rehabilitation loan.

Sources

Log

2026-06-29 - City Council

Consent items 6.19 and 6.20, adopted with the consent agenda.