Council approves $2.06M water main loan 8-3

City Council · Meeting of October 26, 2026

Everett City Council approved a $2.06 million water main loan 8-3 and accepted $2.8 million in state grants. Councilors authorized borrowing $2,057,100 from the Massachusetts Water Resources Authority, with officials saying about $205,000 a year would be paid from water and sewer retained earnings, not the general fund. Councilors Michele Capone and Michael Marchese were among the three no votes.

The council accepted five grants, led by a $1 million MassWorks award for Robin Street design and a $755,400 Gaming Commission block grant, confirmed Wendy Poste to the Library Trustees 10-0, and appointed four Redevelopment Authority members 9-0. It also adopted a tax title payment ordinance 11-0, with a five-year maximum term and 10 percent due at signing.

In the full story:

• ARPA Small-Business Resolution (Government Operations Committee, 5:30 p.m.)
• Water Main Borrowing (Ways and Means Committee, 6 p.m.)
• Redevelopment Authority Appointments (Legislative Affairs Committee, 6:30 p.m.)
• Regular Meeting: National Grid Hearing
• Appointments
• Grants
• Water Main Floor Vote
• Tax Title Payment Ordinance
• Youth Commission Ordinance
• New Business
• Closing
• Who Was There
• Organizations And Documents Referenced
• The complete report: 1,685 words

Source: the City Council meeting of October 26, 2026, reported from the official video recording and transcript.

Checked against the record: before publication this article was automatically compared with the meeting transcript.