News Column

County declines landfill loan, accepts grant

June 26, 2014

By Scott Waltman, American News, Aberdeen, S.D.



June 26--Brown County has declined a loan from the state that it could have used for an ongoing landfill expansion project.

The county, though, accepted a $346,400 grant from the state Solid Waste Management Program for the job.

Neither move was unexpected, but both were formalized during Thursday's meeting of the South Dakota Board of Water and Natural Resources.

The board previously OK'd a $1.36 million loan for the landfill job, but the county, instead, decided to tap into the landfill's enterprise fund to pay the remainder of the roughly $1.26 million project being done this year by B&B Contracting of Aberdeen.

B&B is building a new trash cell that that will be 900 feet long, 300 feet wide and, at its deepest point, 45 feet deep. It should be able to handle whatever the landfill takes in for the next seven years.

Enterprise funds can be set up and used by some self-sustaining, nonprofit government entities that charge for services, such as trash disposal, utilities and health care services. The landfill is funded by tipping fees and special assessments charged to cover the cost of hauling waste from homes, businesses and county drop sites.

The landfill is different from other county departments and entities in that it does not receive tax money.

Follow @ScottReports on Twitter.

___

(c)2014 the American News (Aberdeen, S.D.)

Visit the American News (Aberdeen, S.D.) at www.aberdeennews.com

Distributed by MCT Information Services


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Aberdeen American News (SD)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters