morgancountycitizen.com
$3.2 mil energy project a go - Morgan County Citizen
By Tia Lynn Ivey managing editor Morgan County is moving forward with a $3.2 million energy project anticipated to yield long-term savings in utility costs. On Tuesday, Aug. 6, the BOC voted unanimously to authorize a resolution allowing county staff to execute a lease purchase agreement with BB&T Bank in the amount of $3,267,000 with a tentative interest rate of 2.41 percent. The loan will be paid off through SPLOST VII. The project, devised by Schneider Electric, will update utility machinery and equipment to become more energy efficient at several ... Read More