DATE: January 7, 2016
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Russ Truell, Assistant City Administrator
SUBJECT:
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Update on Financing of Water & Wastewater Projects
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Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning progress on determining the best method of financing upgrades at the City Water Treatment Plant and expansion of the Wastewater Facilities.
Background
This is an update on previous discussions.
Financial Impact
No action is required and there is no financial impact.
Recommendation
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Staff will make a recommendation when further information becomes available