THE BYLAWS, RESOLUTIONS, POLICY AND FISCAL SERVICES COMMITTEE FOR THE TOWN OF CREIGHTON RECENTLY AGREED  TO AUTHORIZE THE MAYOR AND CHIEF ADMINISTRATIVE OFFICER TO SIGN THE ASSIGNMENT OF MUNICIPAL REVENUE SHARING GRANT FOR THE SEWER MAIN REHABILITATION PROJECT. COUNCIL PASSED A MOTION TO CONFIRM THEIR COMMITMENT TO THEIR PORTION OF COSTS RELATED TO THE PROJECT.

COUNCIL AGREED TO ASSIGN A PORTION OF ITS NORTHERN MUNICIPAL REVENUE SHARING GRANT TO THE NORTHERN MUNICIPAL TRUST ACCOUNT TO PAY THEIR DIRECT CONTRIBUTION FOR THE COMPLETION OF THE PROJECT. THE ESTIMATED TOTAL PROJECT COST IS THREE MILLION THIRTY SIX THOUSAND DOLLARS WHICH INCLUDES A NMTA CONTRIBUTION OF FIVE HUNDRED FIFTY SIX THOUSAND AND SIX HUNDRED DOLLARS. PLUS A MUNICIPAL CONTRIBUTION OF TWO HUNDRED AND FIFTY THREE THOUSAND DOLLARS AND OTHER CONTRIBUTIONS OF TWO MILLION TWO HUNDRED TWENTY SIX THOUSAND AND FOUR HUNDRED DOLLARS.

THE FIRST ANNUAL PAYMENT IS THIS YEAR, WITH SUBSEQUENT PAYMENTS ANNUALLY WITH THE LAST PAYMENT IN 2028.