The Clarion News Online !


General News

Living Section

Academics Section

Sports


Opinions

Classifieds

The Weather


About Clarion Co.

About Us


The Derrick Online!

 

General News

Limestone seeks more time for loan
By Tom DiStefano, Clarion News Writer


KINGSVILLE - Limestone Township is asking for time – a lot of time – to pay back a $571,000 state loan that paid for planning and engineering a water system that won’t be built.

Supervisors April 8 approved a letter to PennVEST Executive Director Paul Marchetti asking the agency to allow the township to pay back the loan over a period of 25 years. PennVEST is a state agency that makes low-interest loans for infrastructure projects.

The township made a $14,000 lump-sum payment toward the loan in January, and is making payments of $1,500 per month, township secretary Barb Raybuck said. Total payments toward the loan made so far are approaching $30,000.

Supervisors had backed a loan taken by the Limestone Township General Municipal Authority for a water distribution system serving the township’s more-populated areas.

Maguire Engineers, on behalf of the authority, developed specifications and bid documents for the project and preliminarily approved construction bids totaling $7.13 million, a figure that would have had the average homeowner paying about $70 per month or more, plus a connection fee of $300 to $1,200.

In April of 2007, after lengthy and sometimes heated public meetings and debates, supervisors decided not to authorize $5.6 million in loans to build the system, and the project was abandoned. The action left the supervisors responsible to pay back the loan for planning and engineering.

In other business

lSupervisors voted to advertise bids for road oil, including 23,000 gallons of MC-70 and 30,000 gallons of E-3. The township owns 79 miles of roadway, more than any other township in the county.

lSupervisors heard the township was awarded a $12,656 grant for Pioneer road under the Dirt and Gravel Road Program.

The program, administered by the Clarion County Conservation District, pays for road materials designed to reduce siltation in streams caused by stormwater drainage from unpaved roadways.

lSupervisors heard that the township sold off scrap metal for $2,090 to Gruda Corporation.

 

 

 

 

04/28/2008 - County’s agency on aging faces limited and tight budget

04/28/2008 - Diggin' dinosaurs

04/28/2008 - Keystone rejects teacher’s grievance

04/28/2008 - Washington awards contracts

04/28/2008 - Farmington projects surge ahead

04/28/2008 - Clarion Conservancy focuses on students, improvements

04/28/2008 -

04/28/2008 - Obituaries

04/28/2008 - F.Y.I.


Click Here to Submit a Classified Ad Online.