Title
Resolution for Approval of Series Ordinance Authorizing Issuance and Sale of Sewage Disposal System Revenue Bonds in an Aggregate Amount Not to Exceed $107,562,667 (Ordinance 2026-04) for FY 2027 Clean Water State Revolving Fund Projects
Body
Agenda of: May 27, 2026
Item No.: 2026-147
Amount: Not to Exceed $107,562,667
TO: The Honorable
Board of Directors
Great Lakes Water Authority
FROM: Suzanne R. Coffey, P.E.
Chief Executive Officer
Great Lakes Water Authority
DATE: May 27, 2026
RE: Resolution for Approval of Series Ordinance Authorizing Issuance and Sale of Sewage Disposal System Revenue Bonds in an Aggregate Amount Not to Exceed $107,562,667 (Ordinance 2026-04) for FY 2027 Clean Water State Revolving Fund Projects
MOTION
Upon recommendation of Nicolette N. Bateson, Chief Financial Officer (CFO) and Treasurer, the Board of Directors (Board) of the Great Lakes Water Authority (GLWA), approves a resolution for Approval of Series Ordinance Authorizing Issuance and Sale of Sewage Disposal System Revenue Bonds in an Aggregate Amount Not to Exceed $107,562,666 (Ordinance 2026-04) for FY 2027 Clean Water State Revolving Fund projects, and authorizes the Chief Executive Officer (CEO) to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
The Great Lakes Water Authority (GLWA) annually applies for low-interest financing through the Michigan Department of Environment, Great Lakes, and Energy (EGLE) Clean Water State Revolving Fund (CWSRF). Following a public hearing on April 23, 2025, the GLWA Board adopted a resolution approving two projects for funding consideration: 1) Hubbell Southfield Combined Sewer Overflow (CSO) Facility Improvements and 2) Water Resource Recovery Facility (WRRF) Improvements to the Sludge Feed System for Solids Processing. These projects were awarded funding for EGLE's FY 2026 CWSRF funding year with an anticipated loan closing date in July 2026....
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