the community news and information website for hancock county, maine

Business Today

[ More Business Today ]

Calendar

Latest

Cash for Natural Gas in Bucksport Will Require Voter OK

Written by  Steve Fuller Monday, April 23, 2012 at 1:43 pm

BUCKSPORT — If the town is to give a financial boost to a proposed expansion of natural gas service, voters will have to give their blessing first.

At the April 19 Town Council meeting, councilors unanimously approved putting a referendum question on the June 12 ballot seeking authorization to spend up to $300,000 on a project proposed by Bangor Gas.

The Verso paper mill is currently the natural gas company’s only customer in Bucksport. The plan calls for extending lines to the downtown business area and to the public schools.

The town’s charter dictates that any expense of more than $250,000 must be approved by voters.

Original estimates indicated Bucksport would need to contribute $240,000 to the project; recently, that figure has increased to around $290,000.

Outgoing Town Manager Roger Raymond explained the money would come from the School Designated Fund Balance, a town fund created when Regional School Unit 25 was formed.

Raymond said that was an appropriate source because the schools would benefit most from the project.

That fund has a balance of nearly $868,000. If voters approve of the $300,000 question, no new money will be required from taxpayers.

For more of the latest news, pick up a copy of The Ellsworth American.

comments powered by Disqus

This site contains copyrighted material. Reproduction without express written permission is forbidden.

For more information, please contact help@fenceviewer.com.