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Greater Napanee considers plan to accelerate debt repayment through sale of surplus land
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Greater Napanee considers plan to accelerate debt repayment through sale of surplus land
The following is a release from the Town of Greater Napanee Members of Town Council were presented with a plan that could see Greater Napanee accelerate its debt repayments through the proceeds of land sales. In line with the mayor’s budget directive, Town staff outlined options to address the remaining $6.6 million in unfunded capital projects. These projects were paid for with the Town’s operating dollars, and the Town is legally obligated to …
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