Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Powell council approves $533,927.61 in bills and claims, including substation loan payment
Summary
The council approved payment of $533,927.61 in bills and claims; council members noted the total includes a loan payment related to a substation and general utility investments.
The Powell City Council voted to approve payment of bills and claims totaling $533,927.61. Staff member (S5) moved the payment and the motion was seconded; the council approved the payment on a voice vote.
During discussion a council member asked whether the total included a loan payment for a substation. Staff member (S6) confirmed that a loan payment tied to the substation was part of the total and characterized the loan as a 10-year arrangement at about 1 percent interest that began after a fire required replacement of substation equipment.
Council did not amend the amount on the floor. The approved payment covers routine bills and the noted utility loan servicing; the transcript does not list individual vendors or line-item breakdowns in the supplied segments.
