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Council delays Epping Forest Special Community Benefit District loan after hours of testimony; vote to hold passes 6–1
Summary
After a lengthy public hearing with residents and boat-club leaders divided, the council voted to postpone action on a $1.5 million Epping Forest Special Community Benefit District loan until Sept. 2 to allow further review of new information and legal questions.
The County Council on July 21 postponed consideration of a $1.5 million SCBD loan for Epping Forest after more than an hour of public testimony and follow-up questions from council members. The motion to hold the vote until the council’s Sept. 2 legislative session passed 6–1.
Ethan Hunt, representing the administration, described the loan request from Epping Forest Incorporated as a financing plan to allow the community association to borrow $1.5 million from M&T Bank “for renovation and replacement of the community marina,” with a 10‑year loan term amortized over 20 years. The ordinance would allow the county to levy special taxes within the SCBD to repay the loan.
Supporters, including Stacy…
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