The Lyndon Electric Commission has approved a $1 million line of credit

LYNDON — The Lyndon Electric Commission has approved a $1 million line of credit. By a 2-1 vote on Monday, the commission agreed to open a line of credit with Community National Bank, to allow the Lyndon Electric Department to handle funding ebbs and flows. Commissioners Doug Conly and Sean Cousino voted in favor, and Heather McPhee voted against. LED manager Jon Elwell said the line of credit would be used for “purely emergency, unexpected situations.” It will act as a “bridge loan” in the event LED requires “a quick infusion [of cash] for a short period of time.” Elwell said the department does not require the line of credit at this time. LED expects to pay off $200,000 of that debt by January.