Business, 09.10.2019 02:00 ballerthesavage3287

The city of waterville applied for a grant from the state government to build a pedestrian bridge over the river inside the city's park. on may 1, the city was notified that it had been awarded a grant of up to $200,000 for the project. the state will provide reimbursement for allowable expenditures. on may 5, the special revenue fund entered into a short-term loan with the general fund for $200,000 so it could start bridge construction. during the year, the special revenue fund expended $165,000 for allowable bridge construction costs, for which it submitted documentation to the state. reimbursement was received from the state on december 13.

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The city of waterville applied for a grant from the state government to build a pedestrian bridge ov...

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