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Board approves $15.44 million sanitation-fund advance to front Fire Station 95 construction
Summary
The Greenwood Board of Public Works and Safety on July 7 authorized an appropriation of $15,443,388 from the sanitation utility to front-fund construction of Fire Station 95, with plans to reimburse the utility through bonds issued from the Worsville Road TIF after project completion in 2026.
The Greenwood Board of Public Works and Safety approved an appropriation of $15,443,388 from the city’s sanitation utility to provide interim funding for construction of Fire Station 95. Greg Borg, a city staff member, told the board the appropriation would be reimbursed next year with bonds issued from the Worsville Road tax-increment financing (TIF) district when…
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