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Town board OKs borrowing for Leeds sewer plan

Oct 09, 2013 6:11 am
Jim Planck is reporting in The Daily Mail the Catskill town board has approved two resolutions for the Leeds sewer project. The board last week retained the Albany-based law firm of Osterman, Whiteman, Hanna to serve as bond counsel for the project, and also directed the attorneys to prepare a Bond Anticipation Note for the upfront money to fund the remaining design elements of the project. The Bond Anticipation Note is not to exceed $500,000. It will be used to fund studies and engineering reports. The studies will be conducted this fall, and will include an aerial flight for the survey once the leaves come off the trees and the ground is discernible by overhead technology. According to Catskill Town Supervisor Joseph Leggio these project requirements will have no impact on the current town budget. Read the full story in The Daily Mail.