When was it published?

January 25, 1935 in The Mahnomen Pioneer

Domestic News January 25, 1935

The Mahnomen Pioneer

Q: What keywords are associated?

Fairmont, Sewage Disposal Plant, Municipal Bonds, Debt Relief, Light And Power Plant

Mahnomen, Mahnomen County, Minnesota

View full issue View on Library of Congress PDF Page 7

What is this article about?

Fairmont city council relieved of $45,000 debt for sewage plant after federal grant and water/light commission takes over bonds from plant earnings; plant contributed $16,000 to city expenses recently.

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OCR Quality

98% Excellent

Full Text

Fairmont—The Fairmont city council had a $45,000 load lifted from its shoulders. The sum represents the city's share of the $65,000 sewage disposal plant, the balance of $20,000 having been a federal grant. The city water and light commission informed the city council it would take over the disposal plant bonds and retire them as they mature from earnings of the municipal light and power plant. The light and power plant also has contributed $16,000 toward municipal expenses in the past two years.

What sub-type of article is it?

Infrastructure Economic

What keywords are associated?

Fairmont Sewage Disposal Plant Municipal Bonds Debt Relief Light And Power Plant

Where did it happen?

Fairmont

Domestic News Details

Primary Location

Fairmont

Outcome

$45,000 debt relieved; bonds to be retired from municipal light and power plant earnings; $16,000 contributed to municipal expenses in past two years

Event Details

The Fairmont city council received relief from $45,000 in bonds for the city's share of a $65,000 sewage disposal plant, with $20,000 covered by a federal grant. The city water and light commission agreed to take over and retire the bonds using earnings from the municipal light and power plant.