Tag Archives: GEFA loan

BIG LOAN FOR MONTICELLO MEGASITE MIGHT MEAN HIGHER UTILITY BILLS AFTER ALL

March 6, 2018 The City of Monticello’s elected officials recently said that despite the concerns and questions presented by the negative naysayers, that City utilities would not go up even though the utility revenues would be pledged against $5.5M of … Continue reading

Posted in City, Economic Development, Water | Tagged , , , , , | 3 Comments

BOMBSHELL: CITY OF MONTICELLO TO GET $9.5 MILLION USDA LOAN AND SET UTILITY RATES TO INSURE COVERAGE OF DEBT SERVICE

January 3, 2018 If you want to know more or have comments about this loan and corresponding debt and possible utility rate increases, attend the public hearing on Tuesday, January 9, 2018 at 5:30PM at City Hall. Last February, City … Continue reading

Posted in City, Open Government, Water | Tagged , , , , , , , , , | 4 Comments