Honolulu Board of Water Supply Regular Meeting
The board adopted two resolutions. The first, Resolution 1018-2026, authorized the reimbursement of capital expenditures from the proceeds of indebtedness to align with US Treasury regulations. The second, Resolution 1019-2026, approved a WIFIA water system revenue loan to finance the planning, design, and construction of the Kalaeloa seawater desalination facility project. The discussion covered the financial advantages, ongoing reporting obligations, and the debt service structure associated with the WIFIA loan agreement.