CLEARFIELD – Clearfield Borough Council has agreed on a 25 year contract with the Clearfield Volunteer Fire Department Fair and Park Board.
The current agreement was set to expire at the end of 2009.
According to F. Cortez “Chip” Bell III, borough solicitor, the borough owes that amount to the fair board due to a loan for $210,000 from the fair board to the borough for a land purchase in 1988. As part of the prior agreement, the borough was not required to pay the fair board back until the expiration of the old lease.
This new agreement will reduce the amount of money the borough owes the board by $5,000 each year, ending with a balance of around $349,000.
The borough currently owes the board $476,600.
Council agreed on the contract with pending some of the language within it being cleared up.
Council members John Naddeo and Kathy Catherman voted against the agreement. After the meeting Naddeo explained that he voted against it due to some technical issues within it. Naddeo added that he was happy that the borough and the fair board came to an agreement.
