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proposal from Moseley. The Authority also approved a proposal for the reinvestment of funds with Second National Bank in Culpeper. The bank will pay 12 percent interest monthly for a period of two and a half years as long as the balance in the money market account is $200,000 or greater. If the balance falls below $200,000, the rate would drop to 10 percent for that month.
The Authority expressed its gratitude to Jamieson for his work in obtaining the financing proposals.
In other business, the WSA authorized its legal counsel, Doug Baumgardner, to proceed with the condemnation of a corner of property belonging to Roy Arthur for access purposes. Wayne Cilimberg, executive director of the Rappahannock-Rapidan Planning District Commission in Cul
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