The Liberty County Commission approved a resolution Tuesday night that authorizes the county to borrow funds for property that will eventually become a public marina. The county bought the land on Cattle Hammock Road in April 2008 and took out an initial loan that year for just over $1.5 million.
The new note is for $1,086,227.91 and carries a 3.15 percent interest rate. The original note’s term expired after 12 months, at which time the county paid interest on it and renewed the note for another year. Interest plus $500,000 was paid on the second note last month, according to Liberty County finance director Kim McGlothlin.
McGlothlin said SPLOST funds were used to make
payments on the loans — the general fund was not affected by the payments, she said at the meeting — and added that it is the county’s goal to pay the note in full as soon as possible.
The county also heard and approved proposed fee increases for environmental health services. The following categories will see increases in current fees or new fees for a variety of services: residential and commercial sewage; subdivision and mobile home plan reviews; food service and food service plan reviews; tourist accommodations; RV parks; pools and spas; individual water systems; community well systems; tattoo parlors; rabies control measures and adoption/foster care home inspections.
The new note is for $1,086,227.91 and carries a 3.15 percent interest rate. The original note’s term expired after 12 months, at which time the county paid interest on it and renewed the note for another year. Interest plus $500,000 was paid on the second note last month, according to Liberty County finance director Kim McGlothlin.
McGlothlin said SPLOST funds were used to make
payments on the loans — the general fund was not affected by the payments, she said at the meeting — and added that it is the county’s goal to pay the note in full as soon as possible.
The county also heard and approved proposed fee increases for environmental health services. The following categories will see increases in current fees or new fees for a variety of services: residential and commercial sewage; subdivision and mobile home plan reviews; food service and food service plan reviews; tourist accommodations; RV parks; pools and spas; individual water systems; community well systems; tattoo parlors; rabies control measures and adoption/foster care home inspections.