Paying down loans

The town of Encampment will take $100,000 available through the Special Purpose Tax to pay down two loans.

The town voted to use the $100,000 in a 75/25 split. The drinking water 109 loan, which stands at $229,989.02 according to town clerk Doreen Harvey, will have $75,000 applied to it. The clean water loan, which has a balance of $243,742.82 will be paid down $25,000. Harvey said the town has done very well servicing its loans and is ahead of the payment schedule which is saving the town on interest payments.

The Encampment Town Council has not yet received the South Central Wyoming Emerg...