The Flomaton Town Council agreed to combine its two lines of credit into one payment, freeing up the credit lines should the town need cash to finish out the year.
During a special meeting last Thursday the council voted to combine about $287,000 in line of credit debt at Escambia County Bank and United Bank with a single payment to Escambia County Bank. Mayor Dewey Bondurant said the move would allow the town to keep both lines of credit open with a $200,000 line at both banks.
Bondurant told the council he first considered combining all the town's debt into one payment but after talking with...