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Morganton council approves storm-recovery contracts, budget amendments and $75,000 CDBG loan for Town Tap
Summary
At its Feb. 3 meeting, the Morganton City Council approved a $75,000 CDBG small-business loan for Town Tap, authorized diving services and multiple budget amendments to fund ongoing Hurricane Helene recovery work, and accepted other storm-related reimbursements and appointments.
The Morganton City Council on Feb. 3 approved a package of storm-recovery measures that included a $75,000 Community Development Block Grant (CDBG) small-business loan for Town Tap, contracts for underwater assessment at municipal water and wastewater facilities, and several budget amendments to fund Hurricane Helene restoration work.
Council members voted to enter into a $75,000 CDBG loan agreement with L and D Restaurant Group of Boone LLC (doing business as Town Tap) to support restoration of the restaurant at 315 Sanford Drive, a property damaged in the storm. City staff said the loan includes a requirement that the project create at least 10 jobs, with 51% of those positions held by low- to moderate-income workers. The motion passed after a second and the council voiced unanimous assent.
The council also approved a contract with Charles R. Underwood, Inc., for diving services to inspect and remove sediment from intake structures and submerged equipment at the city’s water treatment and wastewater treatment plants. The contract totals (not to exceed) $34,512.50 for the water plant and…
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