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Cascade Township to pay $113,000 Hidden Hills drain assessment and amend FY2026 budget
Summary
Board authorized full payment of a $113,000 Kent County drain assessment for the Hidden Hills district and approved a FY2026 budget amendment; staff said paying now is financially advantageous given a 6.5% six-year financing option and the township’s current fund balance.
Cascade Charter Township’s board authorized full payment of a $113,000 invoice from the Kent County Drain Commissioner for work in the Hidden Hills drain district and approved a corresponding amendment to the FY2026 budget.
Finance and planning staff explained the township had the option to pay the full assessment immediately or spread payments over six years at an interest rate of 6.5%. Staff recommended…
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