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Pike County fiscal court authorizes temporary transfer and multiple payments to advance Wolf Pit Industrial Park
Summary
The Pike County Fiscal Court authorized a temporary cash transfer of up to $700,000 to the AML fund to cover invoices for the Wolf Pit Industrial Park, and approved related payments including $178,637.38 to American Electric Power and an $18,894 brokerage fee for a Coca‑Cola lease renegotiation.
Pike County Fiscal Court on July 22 authorized a standing temporary cash transfer of up to $700,000 from the county's general fund to the AML fund to pay invoices for the Wolf Pit Industrial Park, with the expectation the money will be repaid when AML reimburses the county.
"Authorize the standing order for temporary cash transfers to the AML fund from the general fund to pay invoices for the Wolf Pit Industrial Park up to $700,000," Treasurer Frankie told the court, which voted unanimously to approve…
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