It was one of those back and forth things with everyone standing their ground. South Fulton Municipal Regional Water & Sewer Authority hit another impasse Tuesday over the question of what to do with the funds that will come from refinancing the authority’s $41.7 million bond.
The 2003 bond is to be used to construct a reservoir and provide drinking water to Union City, Fairburn and Palmetto.
A motion by Fairburn representatives to refinance the bond and use the additional funds to pay off the bond debt was defeated by a 3-4 vote. That motion was followed by another by Palmetto and Union City representatives to refinance the bond and utilize the new money for authority projects. That motion passed on a 4-3 vote.
The ball is now in Fairburn’s hands, with the city council expected to take up the issue at a called meeting sometime later this month.
Easy button Return it to long suffering taxpayers including those who have paid huge tabs to educate other people's kids…