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Council Approves Additional $1M Bond for Water Work; Resident Raises Marketplace and Spending Concerns
Summary
A separate resolution authorizing up to $1 million in revenue bonds for the drinking water project passed 6-0. A public commenter questioned prior downtown marketplace spending and opposed further borrowing.
Elkton — On Oct. 21 the Elkton Town Council adopted a resolution authorizing the issuance of a general obligation revenue bond not to exceed $1,000,000 to support the town's drinking water improvements.
During the public hearing on the $1,000,000 authorization, a resident raised concerns about additional borrowing and referenced expenditures for the Elkton Downtown Marketplace. The resident asked council to consider existing town receipts before approving further debt. Council closed the hearing and later adopted the resolution by a 6-0 vote.
The authorization is described in the minutes as a separate, smaller revenue bond tied to the broader water project. The council recorded the vote as unanimous. Staff noted administrative steps remain to secure financing and coordinate with state and federal partners.
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