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Amityville borrows $800G ahead of FEMA funding for Sandy cleanup
Amityville trustees on Monday night voted to borrow $800,000 in anticipation of FEMA reimbursement for superstorm Sandy-related cleanup expenses.
Mayor Peter Imbert said Tuesday that the notes would be short-term and that interest rates had not yet been set.
He told a resident at Monday night’s meeting that the move was unrelated to the $1.45 million in bond- and tax-anticipation notes...