>Fund will help finance Fayette trail
By JANELL BRADLEY, newsroom@wcfcourier.com
FAYETTE, Iowa — The city will loan $100,000 from its Bolger fund to help pay for a proposed trail from Fayette to the Volga River Recreation Area.
According to Doug McReynolds, chairman of the city’s finance committee, the connection will benefit downtown. Mayor Bill Dohrmann and committee member Braulic Caballero also noted the trail would be an attraction and economic engine, like a nearby golf course.
The money will be repaid with local option sales tax receipts dedicated to parks and recreation.
Upper Iowa University also will contribute to the project, and the city is seeking grants. The estimated cost for the trail is $650,000.
Beyond the immediate issue, officials outlined future uses of the Bolger fund.
David Bolger, a businessman from New Jersey, helped the city get back on its feet financially decades ago. In the 1990s he also donated properties to the community. Those have since been sold.
https://wcfcourier.com/news/local/article_d151e794-5a10-11e0-8d3a-001cc4c002e0.html
