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AgdaPkt 2025.08.25 Joint SA PFA
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AgdaPkt 2025.08.25 Joint SA PFA
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Last modified
8/26/2025 12:40:02 PM
Creation date
8/26/2025 12:35:53 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Date
8/25/2025
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Mechanism to Borrow from SVCW <br />Reserves <br />•Suggested framework for financing of Member <br />contribution <br />•Principal drawn down as needed for project <br />funding <br />•Interest to accrue at % yield otherwise earned on <br />reserves <br />•Interest payments to be made monthly <br />•May prepay principal at any time; not later than <br />next round of SVCW financing (FY 2028) <br />•Will roll remaining principal into anticipated <br />financing
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