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Committee signs resolutions to pledge Full Faith and Credit for three drain projects
Summary
Drain Commissioner George McManus presented three drain-project resolutions (F2607281, F2607282, F2607283) for Royalton and Hager townships and told the committee that pledging Full Faith and Credit will lower interest rates and provide better value to taxpayers; the committee signed the resolutions to forward to the full board.
Drain Commissioner George McManus presented three resolutions seeking Full Faith and Credit for drain projects in Hager Township (F2607282 and F2607283) and Royalton Township (F2607281). McManus told the committee that pledging Full Faith and Credit would lower borrowing interest rates and provide the best taxpayer value for financing the work.
The committee signed the three resolutions and will forward them to the Board of Commissioners for final action. The resolutions as recorded are F2607281 (Carlisle Ridge Drain #A17 Drainage District), F2607282 (Koranda Drain #282 Drainage District), and F2607283 (Perry and Beach Drain #399 Drainage District).
