Georgetown’s borrowing pitch for capital improvements approved

GEORGETOWN – Georgetown Mayor Bill West calls the outcome of Monday’s special election referendum a resounding vote of confidence in efforts to keep the town moving forward.

Town of Georgetown voters by a 4 to 1 margin cast approval that authorizes the town to borrow up to $1,925,000 for capital improvements to the current town hall and adjacent annex building on The Circle.

21 Georgetown referendum

Town of Georgetown voters Monday overwhelmingly approved the town’s request to borrow up to $1.925 million for capital improvements to the current town hall and annex.

The final tally in the seven-hour election was 146 tin favor and 37 opposed.

“I am very, very happy,” said Mayor West. “This shows me the support of confidence that the people of this town have given me – to move this town in the right direction.

This is something that is definitely needed and it’s going to send a message that Georgetown is open for business.”

In a major makeover, the town plans to renovate the current annex building and turn it into a new town hall facility.

“We’re going to rip it (annex) out completely; rip the roof off it completely and start back new with new plumbing, new insulation, new wiring, new everything,” said Mayor West.

Once the annex project is completed, the old town hall will be redone and subsequently be used as the home for council chambers, a conference room for executive sessions, and a conference area that would be made available for public use, the mayor said.

“In the interim, while the old town is being finished we are going to move the town hall meetings around to the different community areas,” said Mayor West. “I think that will be important, to get out to the people, too.”

At its Sept. 9 meeting, the town council moved forward and scheduled the Oct. 12 special election seeking voter approval for borrowing power.

While the election authorizes the town to borrow up to an amount slightly over $1.9 million, Mayor West believes the total cost will be substantially less.

“I don’t see that really happening. I think around $1.5 million will get everything done. I really do,” said Mayor West, noting the town is looking at a 30- to 35-year loan.

“We’ll be in great shape. We’ve got a lot of new industries that are getting ready to start in Georgetown, so I think we’ll be able to recover this expense with no problem whatsoever,” Mayor West said. “I know it’s going to take probably a year or a year and a half before we will be in the new building, but we’re going to start the process as soon as we can. I look for a total of probably 18 months from the time we start tomorrow to the time we walk in both doors.”

News Editor Glenn Rolfe can be reached at grolfe@newszap.com

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