Colac Otway Shire Council will be debt free after this month, after councillors voted to pay off council’s final loan.
Council set to pay off the last of its loans
DEBT FREE: Colac Otway Shire Council will pay off its $1.5-million debt for the Colac Saleyard’s roof on June 28, after nine years of repayments. The decision means the council will have paid off all its loans within weeks.