Tuesday, August 21, 2012

Hard Labor Creek Board Accepts Schedule for Oconee County, Walton County Approval of State Loans

Loan Execution Can Be Delayed

The Hard Labor Creek Reservoir Management Board today accepted without comment a schedule that calls for the Oconee County Board of Commissioners to approve on Nov. 6 two loans for $32 million from the state of Georgia for construction of the dam that will create the reservoir in the very south of Walton County.

The issue will be approved by the Management Board itself on Oct. 16, according to the schedule, and come to the Oconee County BOC on Oct. 30 for first reading. The Walton County Board of Commissioners is scheduled to approve the loan on Nov.6, when the Oconee County BOC also takes final action.