Daily Independent (Ashland, KY)

Local News

February 19, 2013

Ashland refinancing water plant debt

ASHLAND — Ashland officials are planning to refinance the city’s remaining debt for its water plant expansion.

On Thursday, City commissioners are expected to give final approval to refinancing more than $4.9 million in bonds remaining from those sold to upgrade and expand Ashland’s water plant in 2004.

The city originally issued more than $8.2 million in bonds to pay for the project, according to Assistant Finance Director Michelle Veach.

She said the move is expected to save taxpayers approximately $250,000 over the next 10 years.

“Anytime we can save money, we try to do so,” said Veach .”We constantly monitor our outstanding liabilities.”

Veach said the city won’t know its exact interest rate on the bonds until they go out to sale in March.

1
Text Only
Local News
  • Highway naming ceremony set

    State leaders will join Kentucky Adjutant General Edward W. Tonini in Morehead next week to name a Kentucky highway in memory of a Rowan County native and member of the United States Air Force with 12 years of service who died last year while serving in Afghanistan.

    July 25, 2014

  • Package liquor sales begin in Grayson

    It took more than a year, an investment of about $750,000, and a lot of paperwork but packaged liquor went on sale last Thursday in Grayson.
    Grayson Beverage Center received its license last Tuesday and was able to begin sales as soon as the shelves were stocked.

    July 25, 2014

  • Lemonade stand is paying off of 12-year-old

    During most of the past week, drivers traveling down 13th Street have been seeing a young man selling lemonade on the side of the road for 75 cents a cup.
    That would be Lucas Gillum, a kid who has a heart for helping others.

    July 25, 2014

  • 0726FairFri0306.jpg Friday fantastic day for fair activities

    Among the many smiling faces along the midway at the Boyd County Fair Friday evening, Jesse Cline’s excited grin stood out in the crowd as he prepared to perform for his home-county crowd.
    “I go to Idol Wednesday,” said Cline, who made it to Hollywood during last year’s season of American Idol.

    July 25, 2014 4 Photos

  • Manchin being sued by brother for $1.7M

    U.S. Sen. Joe Manchin III faces a $1.7 million civil suit filed by a brother over a lifeline to save a family carpet business in the late 1980s.

    July 25, 2014

  • Good deed done: ReStore returns cash to owner

    Staff of Huntington WV Area Habitat for Humanity ReStore recently discovered a large sum of money in a donated piece of furniture.

    July 25, 2014

  • Highway to be named for late airman from Morehead

    State leaders will join Kentucky Adjutant General Edward W. Tonini in Morehead next week to name a Kentucky highway in memory of a Rowan County native and member of the United States Air Force with 12 years of service who died last year while serving in Afghanistan.S

    July 25, 2014

  • Food vendor charged in slaying back to selling

    A Louisville hot dog vendor who is free on bond after being charged with murder in a suspected case of road rage has returned to selling hot dogs at his long-time perch in front of the courthouse.

    July 25, 2014

  • 2 charged with punishing child with hot sauce

    Two people have been charged with criminal abuse after police say they force fed hot sauce and vinegar to a 4-year-old girl on several occasions.

    July 25, 2014

  • Paul blends privacy with civil rights in speech

    U.S. Sen. Rand Paul blended his message of libertarian-fueled privacy policies with civil rights-inspired criminal justice reforms during a speech Friday to the National Urban League’s annual convention in this presidential battleground state.

    July 25, 2014