Monterey Authorizes $500,000 Capital Outlay Note For Grants
The Monterey Board of Mayor and Aldermen authorized a $500,000 capital outlay note to complete several ongoing grant projects. Mayor Alex Garcia said the interest-bearing general obligation note is intended to bridge the gap between project expenses and the arrival of state reimbursements. Garcia said the town does not intend to carry the debt long-term, […]
Fentress Road Supervisor Not Feeling Support From County
Fentress County Road Supervisor Joey Reagan said he will take another shot at securing funding for improvement work. Motions to approve a $1 million and $750,000 loan for the highway department both failed Monday night. Those numbers are both lower than the $1.5 million Reagan was requesting. Reagan said he wasn’t surprised by the commission’s […]
Fentress Accepts Low Bids On Ag Pavilion, Clarkrange Solid Waste Center
Fentress County Commissioners accepted the low bids on the new Agriculture Pavilion and the Clarkrange Solid Waste Center. The agriculture pavilion’s projected costs have risen, with the bid being awarded for $1.6 million. Finance Director Tyler Arms said the county will have to either do a bond issuance or capital outlay note to finance the […]
