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parity as the board’s legal counsel, questioned Cilimberg on the technical details of the block grant’s administration. “Who’s going to set up the records and keep track of the money?”
The Planning District’s executive director replied that the Virginia Department of Housing and Community Development has already approved the accounting system that will be used by the Planning District staff to handle grant funds.
He reported that financial expert James P. Jamieson of Sperryville has been assisting the Water and Sewer Authority in obtaining financing whereby a financial firm issues an anticipatory note and establishes a line of credit for the WSA by borrowing through tax exempt bonds at a low
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