FREE • THURSDAY, OCTOBER 7, 2021
VOLUME 6, NO. 165
PLANT CITY FORGIVES INTERFUND LOAN BETWEEN SOLID WASTE DEPARTMENT AND FIRE IMPACT FEE FUND At last week’s commission meeting, city manager Bill McDaniel proposed that the city forgive the loan. TAYLOR JENKINS STAFF WRITER
At last Monday’s commission meeting, one key resolution involved an interfund loan between the Solid Waste Department and the Fire Impact Fee Fund. The loan was provided for the construction of Plant City Fire Department’s Fire Station #3 with the funding for the station
acquired as an interfund loan from the city’s Solid Waste Department’s reserve funds, as fees collected for their services allowed the department to operate with excess funds. In retribution, the loan would be paid back from the Plant City Fire Department’s Fire Impact Fee Fund. The loan was originally deducted from the Solid Waste Department’s reserves in
2016 when construction of the fire station began and the loan was approved. Construction broke ground in 2018, the brand new fire station ultimately opened its doors and began operations last October and substantial completion of the project concluded over the past few months. With the loan already off of the Solid Waste Department’s books for years now,
alongside their ability to remain financially stable, city manager Bill McDaniel proposed that the loan be forgiven in order to avoid a 15-year burden to the Fire Impact Fee Fund.
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RAILFEST TO MAKE A GRAND 2021 COMEBACK
PLANT CITY’S ANNUAL RAILFEST IS SET TO MAKE ITS RETURN THIS SATURDAY, OCT. 9 AFTER TAKING A YEAR-LONG HIATUS.
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