DERBY – Derby officials continue moving forward to help protect town and village assets in the event of a fire.
The Derby Select Board voted Monday evening at their regular meeting to split the cost of a proposed Derby Line water project 50-50. It will now go to the voters at a future date for approval. Chair of the select board Brian Smith noted that the project involves parts of Derby including the Derby Elementary School, one of the most important structures in the town.
The cost of the project is estimated at $785,300. Derby would pay about $400,000 if voters support it, and would potentially bond it for at least five years with an interest rate of no more than three percent.
For more of this story, read Wednesday's Newport Daily Express for Sept. 18, 2013.