Searcy Gets Loan to Help with Airport Expansion Project
By: KARK 4 News
Updated: January 31, 2013
The chairman of the board for the First Security Bank is giving Searcy a no-interest loan to help the city with its airport expansion project.
Searcy's mayor says Reynie Rutledge is willing to loan the city up to $230,000 to bridge the gap on an $800,000 project to add a terminal to the city's airport.
The rest of the money for the project, which the mayor hopes to have done by May, is coming from two state grants.
Searcy's mayor says Reynie Rutledge is willing to loan the city up to $230,000 to bridge the gap on an $800,000 project to add a terminal to the city's airport.
The rest of the money for the project, which the mayor hopes to have done by May, is coming from two state grants.
