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SRF Loan Package
Loan Package Summary
Applicant:
Somerset, City of
Primary System Name:
Somerset Utilities
Loan Package Title:
Oak Hill Storage Tank Replacement, 5 MG Booster Station, & Water Main Extension
Priority List ID:
DW.2020.025
SRF Fiscal Year:
2020
SRF Loan Number:
F20-019
IUP Score:
115
Request Type:
Original Loan
ADD:
LCADD
Primary AI:
3836
Primary System:
KY1000403
Total Project Cost:
$9,510,000
Population:
17,450
Requested Loan Amount:
$7,027,878
Households:
8,407
Green Amount:
MHI / MOE:
$28,825
/
$5,250
Invited Loan Amount:
$5,879,878
Estimated Subsidization:
Invitation Sent:
Yes
Date Invitation Sent:
06.21.2019
Invitation Response Status:
Accepted
Date Resonse Received:
07.19.2019
Project(s) within this package impacts one or more SWAPPs:
N/A
There are invitation conditions associated with this loan package:
Yes
Applicant Information
Applicant:
City of Somerset
Address Line 1:
PO Box 989 400 E Mount Vernon St
Address Line 2:
City, State Zip:
Somerset
,
KY
42502
Office Phone:
606-679-6366
Fax:
606-679-2481
Business Contact:
Nick Bradley
nbradley@cityofsomerset.com
Bus. Contact Tile:
City Clerk
Authorized Official:
Alan Keck
akeck@cityofsomerset.com
Auth. Official Tile:
Mayor
WRIS Projects Associated with this Package
WRIS
PNum
Project Title
Bypassed
Withdrawn
Project
Cost
Requested
Amount
Invited
Loan
Amount
Est. Bid
Date
Est. Const.
Start Date
WX21199002
Oak Hill Storage Tank Replacement, 5 MG Booster Station, & Water Main Extension
No
$9,510,000
$7,027,878
$5,879,878
07/07/2021
10/07/2021
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