Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Astoria creates Eighth Street waterline debt-service fund to collect developer repayments
Summary
The council approved a new Eighth Street waterline debt-service fund (No. 263) to receive and route payments from the Bollin Investors LLC to repay a Business Oregon economic development loan for an upgraded Eighth Street water line tied to fire suppression and economic development.
Lede: The Astoria City Council authorized creation of a new debt-service fund Aug. 18 to manage repayments for an Eighth Street waterline project financed with a Business Oregon economic development loan.
Nut graf: City staff said the roughly $490,000 project upgraded a water main on Eighth Street primarily to provide improved fire suppression for the Bolin/Bollin Hotel project and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
