NVDAILY.COM | Local News
Posted February 2, 2011 | 1 Comment
Hearing on loan has no speakers
STRASBURG -- No public comments were offered during a special Town Council meeting Monday night on the approval of a million-dollar loan for costs involved in upgrading a wastewater treatment plant.
The council met before a scheduled finance committee meeting to vote on the matter in the presence of the town's bond attorney, Carolyn Perry of the Botkin Rose law firm.
After a short public hearing, the council voted unanimously, with Councilman Bob Baker absent, to pass an ordinance and resolution authorizing the town to take out the loan, which will be used as interim financing for design costs associated with the project.
Town Manager Judson Rex said that the initial amount sought was $1.3 million, but the project does not require that much financing.