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Fairview authorizes up to $2.75 million in short‑term notes for storm recovery; officials expect FEMA reimbursement
Summary
The board approved Resolution 26‑25 authorizing tax and revenue anticipation notes not to exceed $2,750,000 to fund storm‑related recovery work; staff said expected FEMA reimbursements and lower cubic‑yard estimates should reduce the net borrowing need.
The Fairview Board of Commissioners unanimously approved Resolution 26‑25 April 16 authorizing the issuance of tax and revenue anticipation notes of the city in a principal amount not to exceed $2,750,000 to cover storm‑related costs.
City leaders discussed updated estimates showing lower than expected debris cubic yards after choosing…
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