Financial Advisor in Place for Fredonia's Water Project

The Village of Fredonia has a financial manager in place for its North County Water Project. Last Tuesday, trustees approved a measure for the village to work with Capital Markets Advisors, LLC, which comes after the village temporarily paused services provided by project engineer LaBella Associates over a lack of available money. Mayor Mike Ferguson, who was a call-in guest on WDOE's "Viewpoint" program on Friday, says the firm will help the village receive the $17 million in grant money secured for the project...

Mike Ferguson: helping get the funds turned over

The village had been using money from its water fund to pay LaBella. Ferguson believes the project won't slow down "much at all"...

Mike Ferguson: won't slow it down much

Ferguson believes once construction costs are determined, the total project cost will range between $22 million and $24 million.

Click here to listen to the entire "Viewpoint" interview with Mike Ferguson.

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