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Apr 7, 2021
You’ll have to forgive our skepticism, but it seems that the finance resolution approved by the Municipal Authority of the Borough of Lewistown Monday is not a very good deal for anyone not even the Borough of Lewistown, which seems to have staked its future on the plan.
Sure, the borough will realize savings not a direct payment, but savings of upwards of $630,000 through bond refinancing. Over, what, 20 or 30 years? In a municipal budget, that’s chump change.
Of course, that assumes no other change in revenue for the borough based on the water deal, which is clearly not what Borough Council has in mind. It could be as simple as leasing the water authority back to itself, an easy move when you consider the MABL board of directors is stacked with borough employees who will likely at the very least feel pressure to do what they think council the very people who can decide to end their employment with the borough wants them to do. ....

Public Utility Commission , Borough Council , Municipal Authority Of The Borough Lewistown , Municipal Authority , Lewistown Monday , பொது பயன்பாடு தரகு , பெருநகர சபை , நகராட்சி அதிகாரம் ஆஃப் தி பெருநகர லெவிஸ்டவுன் , நகராட்சி அதிகாரம் , லெவிஸ்டவுன் திங்கட்கிழமை ,