Commissioners approve filing for new EMS base
Published 10:10 am Friday, July 26, 2019
The Stanly County commissioners unanimously approved the filing of an application with the Local Government Commission for the approval of a financing agreement for a new EMS base Thursday evening.
First Bank would lend the County $2.6 million to construct the base over a term not to exceed 20 years and with an interest rate not to exceed 3.19 percent.
The county will make alternative revenue and make expense reductions before taking any actions to increase taxes, officials said.
The EMS base will be at the corner of Hilco Street and Banard Street in East Albemarle, according to County Manager Andy Lucas.
Construction will begin in August and DR Reynolds is the design-build contractor, Lucas said.
The next regular meeting at 6 p.m. Aug. 12.