Shareholders of a local canal company have voted to seek a loan to fund their portion of the canal renovation. Keith Meikle, President of the Logan, Hyde Park, Smithfield Canal Company — also called the “upper” canal company — said the vote was part of a special Monday night meeting.

“There is a 25 percent match required to the 75 percent contribution of the federal government,” said Meikle, “and the total cost of the project is $6 million. Depending on how much the cities decide to contribute, that will determine how much our canal companies will have to share.”

Read the rest of Canal shareholders vote to seek loan on Cache Valley Daily.