by Charlie McKee

In a Special Meeting on August 22, 2013, the Grant County Commission approved Ordinance No. 13-07, the issuance of a new Utility System Revenue Bonds, Series 2013, in the amount of $339,000. The funds are to be used "for the purpose of acquiring, extending, enlarging, bettering, repairing, and otherwise improving water and/or wastewater system improvements in the North Hurley Area." A portion of the funds will also be used to pay the cost of the bond issuance. The funding will allow the County to address North Hurley pumping station problems that have been requiring attention for more than two years.

During the Public Hearing portion of the Special Meeting, Christopher P. Muirhead, attorney for Modrall Sperling Roehl Harris & Sisk, P.A., explained the advantages of the U.S. Department of Agriculture (USDA) combination grant/loan deal. The $339,000 portion of the agreement would be a 40 year loan at 2.75%, which is a significant advantage over public rates, and the USDA will impose no penalty for prepayment of the loan. The County will not be pledging any gross receipts tax or property tax funds to pay the loan, but will use certain utility revenues for the annual $13,400 loan payment.

Muirhead noted that his firm, who has expertise in the issuance of USDA-funded bonds, is engaged to ensure that these tax exempt bonds meet the IRS and SEC regulations on such bonds. He highlighted the fact that the USDA deal includes a grant of $908,000 in combination with the bond issuance, which the USDA provides as part of its programs for rural utility systems. Muirhead emphasized the attractiveness of the package, amounting to more than $1 million for the County to improve North Hurley's water system.

At the conclusion of the Public Hearing, the Commissioners voted to approve Ordinance No. 13-07. The Commissioners then also approved a proclamation declaring September 25 to 29, 2013, as "Grant County Fair Days" in honor of the Fair's 65th year. Commission Chair Brett Kasten presented the proclamation to Richard Lawyer and Barbara Burris of the Grant County Fair Board.

The Commission then recessed and convened as the Grant County Canvassing Board to approve the August 19, 2013, Special Election Results for the increase in Gross Receipts Tax, which was defeated by a two-thirds majority. County Clerk Robert Zamarripa reported that the mail-in ballots resulted in much higher voter response than the standard election process requiring voters to come to polling sites. A total of 6,057 ballots were returned, amounting to 29 percent of the eligible Grant County voters.

The Commissioners voted to approve the Special Election Results. Kasten then adjourned the Canvassing Board and reconvened as the Board of County Commissioners to adjourn the meeting.


Live from Silver City

Join GCB Three Times Weekly Updates

Welcome to Three Times Weekly Updates! You will be subscribed to email notifications with links to recently posted articles.
You can unsubscribe anytime. We never share or rent your email to anyone.

Fire Alerts

Editor's Note

The Grant County Beat endeavors to post to the Elections page, under News, at the least, notices of candidates for Grant County races. Some candidates for statewide races have also sent their notices. 

The Beat continues to bring you new columnists.Recent additions  include the Christian Corner, for those who are already Christians or are exploring the beliefs.

The second is a business-centered column—Your Business Connection by the New Mexico Business Coalition. The group works to make policy in the state of New Mexico better for all businesses, large and small.

The Beat has a column for you gardeners out there. The Grant County Extension Service will bring you monthly columns on gardening issues. The first one posted is on Winterizing your houseplants and patio plants.

The Beat totally appreciates its readers!  


All articles and photos indicated by a byline are copyrighted to the author or photographer. You may not use any information found within the articles without asking permission AND giving attribution to the source. Photos can be requested and may incur a nominal fee for use personally or commercially.

Don't forget to tell advertisers that you saw their ad on the Beat.

Feel free to notify editor@grantcountybeat.com, if you notice any problems on the site. Your convenience is my desire for the Beat.

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn advertising fees by advertising and linking to Amazon.com.

If you subscribe to the Join GCB Three Times Weekly Updates option on the left side of this page, you will be subscribed to email notifications with links to recently posted articles.

Note: This is another component that is in progress of going to a different software to make it easier for you to use and find classifieds that interest you. Check Out Classifieds. And look at Sponsors to see who is helping the Beat.

It's really easy to check to see if there's a classified ad. Just click on Classifieds in the blue menu and the page will open letting you know if there is a classified ad. Remember that your buying classified ads gives you a wide readership, as well as supporting the Beat. Post YOURS for quick results!

Note that if an article does not have a byline, it was sent to the Beat and written by someone not affiliated with the Beat

When you click on the blue and orange button on the upper left side of most pages, you will find out how you can help the Beat defray its expenses, which, with increased readership, continue to grow. You will arrive at a page that gives you options of how you can Help the Beat. All help is greatly appreciated and keeps the news you want and need coming into your browser.

Consider the Beat your DAILY newspaper for up-to-date information about Grant County. It's at your fingertips! One Click to Local News.

Thanks for your support for and your readership of Grant County's online news source—www.grantcountybeat.com