LMT Update Board of Supervisors adds additional sewer proceeds to Trust

At the June 21st meeting the Board of Supervisors voted 3-2 to put the remaining sewer sale proceeds into the trust that has been established. There was an initial deposit of $10 million earlier this year. The dissenting members were not against putting the money into the trust, but they raised issues about the transparency of the process, and the point was made that no one on the board currently knows what the current deficit level is. Those Supervisors who wanted it to go into the trust also wanted to ensure that this money would not be used for any operational costs, but instead as an investment in our community.  

The Supervisors also approved a request from the developers to move the Torbert Plan deadline to August 1st. There will only be one Board of Supervisors meeting in July – it will be on the 19th.