Mayor gets split vote on move to take $80,000 from the line of credit to pay off bills due
October 17, 2019
After the Flomaton Town Council voted 4-1 to transfer funds to pay bills, Mayor Dewey Bondurant, Jr., then asked the council to approve borrowing $80,000 from the town's line of credit to pay other bills.
“For about a year and half now we have not had to go the line of credit,” Mayor Bondurant said during mayor's comments at the end on Monday night's council meeting. “It had been working well.”
Bondurant told the council he had been working with vendors concerning overdue bills.
“What's happened is in the last month money stopped coming in,” Bondurant said. “We're not getting...