The council will formally adopt the bonding and finalize the loan from USDA at its regular meeting tonight. The estimated loan of $4.9 million has been reduced to just under $4.2 million. Mayor Hopkins was able to reduce the interest rate as well after rates dropped while the sewer was being installed.
Full documents for tonight's actions are on the town's web page here... The meeting starts at 7pm at the Joyce Community Center, 5219 N. Shirley Street.
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2 comments:
Congratulations Ruston and Mayor Hopkins. My how times have changed for the better.
Mayor please run again???
What is the function for the council?
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