Callaway Consider Purchasing Sandy Creek Utilities

The city of Callaway is looking into financial options as they consider purchasing Sandy Creek utilities.

City Commissioners approved a motion Tuesday to advertise a request for proposals to collect bids on financing the project. Commissioners want to look at available interest rates and options. The Bay County Commission has pledged 175,000 dollars to help the city purchase the Sandy Creek Water System, but Callaway still has to find another $750,000 dollars if they decide to move forward.

Last night’s decision does not mean the city is obligated to purchases the utility system if they don’t like what they see when the request for proposals comes back.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
8195 Front Beach Road Panama City Beach, FL 32407 Station: 850-234-7777 News: 850-230-5221 Fax: 850-233-6647
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 132623718 - wjhg.com/a?a=132623718
Gray Television, Inc.