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Houston County to seek low‑interest loan, amend budget for industrial‑park sewer expansion
Summary
Houston County commissioners on Monday reviewed a package of related items to fund and advance a planned sewer extension to the county industrial park and placed the items on the agenda for a subsequent meeting.
Houston County commissioners on Monday reviewed a package of related items to fund and advance a planned sewer extension to the county industrial park and placed the items on the agenda for a subsequent meeting.
County staff said the administration will ask the commission to authorize the chairman to apply for a $333,000 revolving loan from Wiregrass Electric at 1% interest for 10 years, and to adopt a budget amendment to provide a $37,000 upfront engineering payment. Staff described those amounts as the 90% / 10% split on a $370,000 engineering-and-design contract: $333,000 to be financed and $37,000 to be paid as Wiregrass’s required 10% down payment.
Why it matters: county officials said the sewer work is…
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