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Queenstown approves 4.5% interim financing for water tower; to rent boom lift after bucket truck problem
Summary
Commissioners accepted interim financing terms from Queenstown Bank at a 4.5% rate for the new water tower line of credit on a 3‑0 vote. Public works will rent a pull‑behind boom lift to remove Christmas decorations after the bucket truck developed hydraulic problems; the finance committee also said the audit must separate water and sewer charges under new USDA requirements.
The Queenstown Commissioners voted to accept interim financing terms for a new water tower on a motion by Commissioner Bryon Callahan, seconded by President Al Hardee; the motion passed unanimously, 3‑0. The minutes list Queenstown Bank's proposed rate at 4.5% for the interim line of credit; bond counsel work was noted as pending.
Public works reported the bucket truck under consideration developed a hydraulic problem and was returned for repairs. President Al Hardee referenced a 2013 Ford F‑450 listed online for about $34,000 as an example purchase option; Commissioner Bryon Callahan suggested pull‑behind boom lifts as a lower‑maintenance alternative. The commissioners decided to rent a pull‑behind boom lift to remove Christmas decorations and evaluate its performance before pursuing purchase or a longer‑term solution.
The Finance Committee reported the town's audit is nearly complete but must separate water and sewer charges to comply with new USDA requirements; work was expected to finish by the 12/31/24 deadline. The meeting adjourned at 7:09 p.m. on a motion by Commissioner Tom Willis, seconded by Commissioner Bryon Callahan, vote 3‑0.
Votes recorded in the minutes included approval of the Nov. 20, 2024 minutes (motion by President Al Hardee, seconded by Commissioner Bryon Callahan, vote 3‑0) and the interim financing motion noted above.
