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
- From loss to security: Supporting widowed clients with life insurance
- Plan now for lower Social Security benefits later
- The conversation almost no advisor is having yet
- Why advisors should offer retirement-longevity planning
- A hybrid approach outperforms the 4% Rule, researchers find
More Advisor NewsAnnuity News
- 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
- Sammons Enterprises & Sammons Financial Group Respond to Reports
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- Life Insurance Awareness Month: Time to Reassess Your Coverage
- U-Haul Holding Company Announces Twentieth Annual Virtual Analyst and Investor Meeting
- Securian Financial Increases Individual Life Retention to $10 Million, Strengthening Support for High-Net-Worth Life Insurance Market
- Americans without children are less confident about retirement, Allianz finds
- The conversation almost no advisor is having yet
More Life Insurance News