Comments on: Century Seeks $250K Line Of Credit To Pay Grant Expenses

By: fnb

fnb — Fri, 25 Nov 2011 02:03:29 +0000

Obviously, some of the previous commenters are unable to comprehend the article. It clearly states that the council voted Monday to allow the line of credit, so the Mayor is not “juggling money without the approval of the council” and the article also states that United Bank was the only bank that gave a proposal. Our town has to use its own money to do improvements and then will be reimbursed by the grant, no money should come out of taxpayer’s pockets, it is inconvenient, but I’m sure the grant writers want to make sure their money is going toward a good cause and not being squandered. I am glad that the town has projects in the works in order to improve our hometown.

By: Big Al

Big Al — Wed, 23 Nov 2011 15:49:59 +0000

Wait a minute is this the grant to fix up the houses in Century. We are borrowing money on which the interest will be paid by the Taxpayers to get Money from the Government which came from the Taxpayers to fix up houses for a few select individuals. God Bless America!!

By: hello

hello — Tue, 22 Nov 2011 14:17:15 +0000

ummhumm
Unknown amount of interest? Ok what interest rate are you going to pay now
for this federal handout, and did you shop around or just work it out in a
back room? Is this how the work will given out also?

By: observer of things

observer of things — Tue, 22 Nov 2011 13:44:20 +0000

Good ole Century again. Is it legal for the mayor to be “juggling money” without the approval of the council? Just sayin.

By: JLC

JLC — Tue, 22 Nov 2011 06:19:58 +0000

Yep. Just like Century to make a financial decision wihtout getting bids on costs and fees.