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Morganton agrees to assume proportionate share of Salem Fire & Rescue debt tied to annexation
Summary
Following a voluntary annexation of three tracts, the council adopted a resolution agreeing to pay an annual proportionate share of Salem Fire & Rescue Department's outstanding debt; the city's calculated annual share is $3,861.84 and the payment schedule must be submitted to the Local Government Commission.
The Morganton City Council on May 5 adopted a resolution agreeing to assume a proportionate share of outstanding debt held by Salem Fire & Rescue Department for an area the city recently annexed.
City Attorney Keith Rigsby summarized the statutory process, citing state law that requires a city to pay an annual proportionate…
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