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Newton seeks $2.07 million in financing for culvert work, trucks and plant repairs; public hearing set for Feb. 1
Summary
The Newton City Council on Jan. 18 adopted a resolution to pursue $2,070,746 in financing to fund culvert replacements, equipment and wastewater plant repairs and scheduled a public hearing on Feb. 1 to consider awarding the financing.
The Newton City Council voted Jan. 18 to move forward with an application to the North Carolina Local Government Commission to finance $2,070,746 for infrastructure improvements and equipment.
Interim City Manager Sean Hovis told the council the proposed borrowing would cover three general-fund items — Westbrook Drive culvert replacement ($507,700), Young Drive culvert…
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