Pennsylvania Infrastructure Investment Authority at Pennsylvania Infrastructure Investment Authority - PENNVEST

Effective: May 16, 2017

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This document is a Guaranty Agreement executed on May 16, 2017, between Petersburg Borough (Guarantor), Petersburg Borough Sewer Authority (Funding Recipient), and the Pennsylvania Infrastructure Investment Authority (Authority). Petersburg Borough guarantees 74.09% of the principal and interest of a Debt Obligation, which has a stated principal sum of $2,318,844.00, owed by the Sewer Authority to the Pennsylvania Infrastructure Investment Authority. The agreement includes an amortization schedule for the guaranteed portion of the loan, totaling a principal of $1,718,031.52 over 360 months at a 1% interest rate, with total cumulative interest of $271,281.08.

Effective: Dec 13, 2023

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This document is the Second Modification to Debt Obligation and Other Funding Documents, executed on December 12, 2023, between PENNSYLVANIA INFRASTRUCTURE INVESTMENT AUTHORITY (PENNVEST) and THE PITTSBURGH WATER AND SEWER AUTHORITY. It amends the original Funding Agreement and Debt Obligation from April 6, 2022, to incorporate details for Phase #3 of a sewer rehabilitation project. The total project cost, including PENNVEST funding and other sources, is $28,508,351.06. The PENNVEST loan amount is $28,282,000.00. The overall project construction is scheduled to commence on December 13, 2023, and conclude by October 1, 2026.

Effective: Mar 1, 2023

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This Funding Agreement, effective December 6, 2022, details financial assistance from the Pennsylvania Infrastructure Investment Authority to the Pittsburgh Water and Sewer Authority for the "Pittsburgh Water & Sewer Authority - WIFIA/ProFi" project. The project, with a total cost of $342,213,303.00, involves significant water and sewer system upgrades. The Authority provides $141,404,262.00 in repayment funding. Construction is scheduled from March 1, 2023, to February 24, 2027, with financial obligations extending until December 1, 2047.

Effective: Jan 27, 2011

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This Funding Agreement outlines the financial assistance provided by the Pennsylvania Infrastructure Investment Authority (Authority) to Aqua Pennsylvania, Inc. (Funding Recipient) for the 'Aqua PA - Neshaminy PreTreatment and Residuals Upgrades' project. The Authority has approved a loan of $9,955,500.00. The agreement details the terms of the financial assistance, including an interest-only period of 36 months and a 240-month amortization period, with payments starting November 1, 2013. It also covers representations, warranties, covenants, collateral pledges, fund disbursement procedures, project management, liability, indemnity, and default provisions. The effective date of the agreement is January 27, 2011.