November 8, 2006
WANTS INTEREST ON JCWSA LOAN
BCWSA receives loan contract
Jackson Progress-Argus, 10/25/06, By
The Jasper County
Water and Sewer Authority came before the Butts County Water
and Sewer Authority on June 13 to ask for a little help
to the tune of $ 15,000. Jasper County’s Authority was on
the cusp of engaging a plan that would make it possible
to eventually lay pipeline over the bridge at Highway 16
and the Ocmulgee River. The Authority explained that the
pipe would eventually be used to carry 16-inch water mains
under the bridge’s approach slabs.
Water and Sewer Authority Board Chairman J.B. White suggested
that the two authorities work out a loan for $ 15,000 over
three years. The $15,000 would
cover debt services for money the Jasper Authority borrowed
over the next 20 years to pay for the Highway 16 Bridge
General Manager Marcie Seleb received the contract from
the Jasper Authority months later with one thing conspicuously
shows this as an interest-free loan,” said Seleb at the
Authority’s October 9 meeting. “No,” said White.
“This is not going to be an interest free loan. We will
loan them the money, but we won’t give it to them for free.
On $15,000 we’re not talking about a whole lot
“This is an
investment in the future,” said Authority Board Member Mitch
McEwen. “Nothing in life is free and I’ve got no problem
with a little interest.”
“I’m all for helping them,” said Board Vice Chairman Emerson
Burford. “But, I can’t believe that they would think
that we would not charge them interest.”
didn’t think that they’d show up and say, ‘what’s for supper,’
did you, E.B.?” laughed White. “No, I didn’t,” said Burford.
Seleb sent an
e-mail to the Jasper Authority this week, asking that interest
equal to what one would pay on a 36 month Certificate of
Deposit be added to the loan. There has been no reply from
the Jasper Authority.
TWG Note: JCWSA
also wants the taxpayer’s of Jasper County to “help” them
keep their system going. It should be up to the USERS of
the System to pay their own way; not the taxpayers of the
county that are not benefiting from the system. JCWSA wants
money put into the 2007 budget for “their fire hydrants.”
** To keep the taxpayers of Jasper County, Georgia informed
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