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Seaford council approves multiple measures including vehicle loan, swim center renewal and developer incentives
Summary
At its Nov. 11 meeting the Seaford City Council unanimously approved a five-year, 3.782% loan to finance city vehicles, renewed the Seaford Community Swim Center contract with revised profit-sharing, adopted the '25 and 25' tap-fee reduction program for new homes, approved a developer incentive and several intergovernmental and property actions.
The Seaford City Council on Nov. 11 approved a package of administrative and fiscal measures, voting unanimously to authorize vehicle financing, renew a community pool contract, adopt a housing tap-fee incentive and approve several local development and intergovernmental actions.
The council voted to accept a five‑year fixed loan from Community Bank Delaware at 3.782% to finance purchases included in the FY25 budget, including five police vehicles, a public-works service truck and an electric‑department bucket truck. Director of Finance Trish Newcomer recommended the five‑year fixed option, saying, “I recommend that we do the 5‑year fixed rate, which is 3.782%.” The motion to approve the loan was made by Councilman Holland, seconded by Councilman Bradley, and passed…
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