Middlesex establishes $3 million line of credit
Middlesex County recently established a $3 million short-term line of credit with BB&T and will pay financial advisors $15,000 to complete the deal. This week Middlesex County Administrator Charles Culley explained why the $15,000 in fees were necessary.
posted 02.25.2010County may restructure $2 million debt
The Middlesex County Board of Supervisors voted unanimously on February 2 to start the process of obtaining legal documents and studying the advantages of restructuring $2.08 million in county debt.
posted 02.25.2010Town election filing deadline is Tuesday
With only five days left for a candidate to have his or her name placed on the May 4 Urbanna town election ballot, just three town residents have filed the necesary paperwork, said Middlesex County Voter Registrar Eileen Howard.
posted 02.25.2010Financial support sought for school athletic complex
“When we got the first estimate of $4.2 million, we didn’t fall out but we almost fell out,” said Fleet. “We went back to the drawing board and we started redesigning. “We were able to reduce $350,000 of the projected cost by eliminating a retention wall,” said Fleet.