Mon 10 Sep 2007
Farmington Nixes Pledging Status, Tables a Vote
Posted by Jesse under News
Farmington's City Council decided last Tuesday to take pledging status off the table and delay a vote on joining UTOPIA until a future meeting. The decision to move from pledging to non-pledging was motivated by risk tolerance; the council just doesn't feel comfortable with being on the hook in the rare instance that UTOPIA can't make the bond payments. The next city council meeting will be held on September 18 though it's not clear if the final UTOPIA vote will be a part of that meeting as the agenda has yet to be posted. Farmington residents, this is the last call for UTOPIA membership!
