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
- Proposed legislation takes aim at Social Security shortfall
- The overlooked retirement security risk that must be addressed
- What advisors should know about hedge funds in retirement planning
- Retirement control is top success measure for middle class, ACLI says
- Industry groups applaud House passage of Financial Exploitation Prevention Act
More Advisor NewsAnnuity News
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
- MassMutual Ranks No. 100 on the 2026 Fortune 500® List
- What’s fueling record annuity growth?
More Annuity NewsHealth/Employee Benefits News
- Best's Review Leaders Issue Ranks Top Global Brokers and More
- Rising health care costs are straining Texas businesses as the Legislature seeks solutions
- California Republicans ask for Trump administration’s help to stop new tax
- New state budget helps 200,000 Virginians afford health insurance
- Is Arizona ready for Medicaid work requirements? What to know
More Health/Employee Benefits NewsLife Insurance News
- Best's Review Leaders Issue Ranks Top Global Brokers and More
- Fortitude Re Announces $3.8 Billion Long-Term Care Reinsurance Agreement with Unum Group
- Unum Group Announces $3.8 Billion Long-Term Care Reinsurance Transaction with Fortitude Re
- Before you debate premium financing, understand the bigger picture
- NAIFA praises House committee approval of Clarity for Compensation Act
More Life Insurance News