A $1 million settlement Banks County received from Waste Management will be used to pay off debt.
The Banks County Board of Commissioners agreed Tuesday night to allocate $800,000 of the $1 million to pay off the “clearwell” debt. This project was the installation of a one million gallon in-ground tank at the water plant to increase the clear water storage.
The other $200,000 in the settlement fund will be used, along with SPLOST revenue, to pay off the Race Track expansion project debt.
For more coverage from the Tuesday night BOC meeting, see this week's issue of The Banks County News.