Kendallville will seek five-year loan for solar project
KENDALLVILLE â With some help from other city boards providing $1 million in tax dollars, Kendallville City Council members are more comfortable with borrowing the remainder to fund a new solar field on the site of the former McCray Refrigerator factory. The city is now looking at a five-year financing plan that shouldnât impact local taxes or wastewater fees, meaning residents wonât need to provide anything extra to afford the green energy development. City council members received an update about possible financing options for the project during their meeting Tuesday evening....