[tceblog] Neil Fischbein: Millsboro referendum needed to fund TCE clean-up (DE)

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Posted by Neil Fischbein:
Millsboro referendum needed to fund TCE clean-up (DE)
http://www.tceblog.com/posts/1144620501.shtml


   The Delaware Wave, leading our unofficial competition for coolest
   newspaper name, [1]reports:

     The town [of Millsboro] has scheduled a referendum to authorize the
     issuance of bonds to help fund the removal of trichloroethylene
     (TCE)-- a contaminant detected in the town's water supply last
     year.
     The town's resolution states the Delaware State Revolving Fund will
     lend the town $200,000 for 20 years at an interest rate that will
     not exceed 62.5 percent of the municipal bond yield. According to
     town officials, TCE removal has cost approximately $200,000 up to
     this point and that figure doesn't include some of the on-going
     tests.
     The referendum is scheduled to take place at the Millsboro Town
     Hall on Saturday, May 13 from 1 to 7 p.m. Voters do not have to
     pre-register to participate.
     Millsboro residents that are 18 years of age and individuals that
     live outside of town limits but have interests in town, such as a
     business or property, will have one vote each.
     For more information, contact the Faye Lingo at [302] 934-8171.

References

   1. http://www.delmarvanow.com/bethanybeach/stories/20060405/2269714.html