Photo detail

George Binney

Stories this photo appears in:

Tease photo

SV debates fate of reserve fund

If law requires council to pay itself back for water company — why not just change the law?

With enough votes, town councils can repeal any ordinance. The Star Valley Town Council had this epiphany Tuesday when the town’s manager suggested the council modify the rainy day ordinance so the town does not have to put back in the fund the money it took out to buy a water company. Town Manager Tim Grier said the town’s new water company probably won’t generate money to repay the rainy day fund in the required five years. To avoid violating the ordinance, he suggested the council simply rewrite the law so it need not replace the $600,000.

Comments

Use the comment form below to begin a discussion about this content.

Requires free registration

Posting comments requires a free account and verification.