Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Wastewater Infrastructure topic
No spam. Unsubscribe anytime.
Millerton trustees OK loan from unreserved fund to pay wastewater engineering costs
Summary
Trustees approved a loan from the village's unreserved fund balance to cover engineering costs for the wastewater project. Trustee David Sherman moved the measure and Deputy Mayor Matt Hartzog seconded; the vote was unanimous among the five members present.
At the April 3 special meeting, Trustee David Sherman moved and Deputy Mayor Matt Hartzog seconded a motion to take a loan from the unreserved fund balance to cover engineering costs for the Village wastewater project. The motion carried with all five members present agreeing.
The motion authorizes use of unreserved funds as short-term financing to pay engineering costs; the transcript does not specify the loan amount, repayment schedule, or funding source for repayment. Trustees did not record additional conditions or debate in the minutes.
