Kinston City Council elects to hold off on biosolids dryer
| By Junious Smith III, The Free Press, Kinston, N.C. | |
| McClatchy-Tribune Information Services |
The board decided not to make a decision on a resolution to accept a clean water state revolving fund loan of
"I was one of the board members who questioned the debt service on the dryer revenue coming in," she said. "I would rather see the price of taking the sludge somewhere else and seeing which option is cheaper before committing to a 20-year project where we would start operating in the red."
"The biosolids dryer is something we wouldn't be able to do without a grant," Sears said. "It's all about risk management and trying to see how we can get rid of waste 365 days of the year. This could give us a way to manage waste and the opportunity to break even with the grant.
"I think the biggest thing to take away from this meeting is the city is looking at grants and funding for infrastructure issues. We're trying to reinvest and have better reliability as far as water and sewer. Unfortunately, there aren't any electric grants, but we're still pursuing."
The next city council meeting will take place at
___
(c)2014 The Free Press (Kinston, N.C.)
Visit The Free Press (Kinston, N.C.) at www.kinston.com
Distributed by MCT Information Services
| Wordcount: | 312 |


Heroin use exploding in Shasta County
Advisor News
- Advisors await SEC decision on Vanguard fair fund distribution
- What to do when adult children become the client
- Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
- Why vacation homes are becoming a major blind spot for advisors
- The rise of the ‘gray divorce’ insurance client
More Advisor NewsAnnuity News
- Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
- When technology becomes easy to rent, what still separates life and annuity carriers?
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
- Industry pushes back on linking ‘financial strength’ to annuity illustrations
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
- AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
- When technology becomes easy to rent, what still separates life and annuity carriers?
- St. Paul & Minnesota Foundation invests $15M to help revive downtown St. Paul
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
More Life Insurance News