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Dec 06 2019

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November 2019 Public Hearing

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MINUTES OF TOWN OF NORTH SALEM PUBLIC HEARING NOVEMBER 7, 2019

 CALL MEETING TO ORDER: The November 7, 2019 Public Hearing was called to order by Council President Becky Fancher at 6:00 pm.

ROLL CALL: Becky Fancher, President – Present, Jimmy Roberts, Vice President – Absent, Mike Russell, Member – Present                   

PLEDGE/PRAYER: Council President Becky Fancher led with the Pledge of Allegiance followed by a prayer

 ORDINANCE 2019-3The purpose of this
Public Hearing was to discuss Ordinance 2019-3 – Amending the schedule of rates
and charges to be collected by the Town of North Salem from owners of property
served by the North Salem Water Corporation. 
Becky began by stating that the reason for the amendments to the rates
is due to our water project (new filter plant and water tower) and that in
addition to the $700,000 OCRA grant we were awarded,  we also need to borrow $800,000 from the
State Revolving Fund Loan program to complete the project.  However, SRF will not consider loaning money
to us unless we increase our rates at least 25%.   We
have hired a Financial Advisor who is working with us and SRF. 

PUBLICBecky then opened up the
meeting for discussion from the public. 
After a very brief discussion, Becky moved for adjournment.    

 ADJOURNMENT: There being no further comment, the meeting adjourned at 6:15 pm. 

Attest: Beth Russell, Clerk-Treasurer

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