City secures financing for water, sewer, HVAC projects

 

Marione Martin

Allan Brooks of the Public Finance Law Group explains the financing of new water, sewer and HVAC improvements for the City of Alva.

The City of Alva held two special meetings Thursday evening. First was a public hearing on the proposed budget for the fiscal year beginning July 1. No members of the public attended the meeting so that item was quickly completed.

The city council then considered Resolution No. 2018-014, which was postponed from the regular May meeting. It required a 75 percent vote to pass, and two council members were absent in May. This time all eight members were present.

Allan Brooks of the Public Finance Law Group explained the purpose of the resolution. Alva was looking for financing for three differ...



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