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Waynesville council approves flood-recovery loan offer and multiple grant applications; votes at a glance
Summary
Council accepted a phase 2 cash-flow loan offer for flood recovery, authorized state revolving loan applications for water and wastewater projects, approved a Haywood TDA $15,000 application for dog park improvements, and amended the FY25-26 fee schedule to restore special-use permit fees; all actions passed by voice vote with follow-up reporting requested.
The Town of Waynesville took several financial and administrative actions related to flood recovery, infrastructure and parks funding.
Finance staff reported a phase 2 cash-flow loan offer intended to cover flood-related expenses; staff described the repayment schedule (nominal payment in year one, rising shares in subsequent years) and cautioned that full FEMA reimbursement is expected but not guaranteed. The council moved to accept the phase 2 loan offering and approved it…
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