The Knox City Council considered a resolution related to a newly established Tax Increment Financing area for the new cold brew coffee manufacturer expected to build a facility on Division Road.
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The Town of Culver is looking into the possibility of adjusting its storm water utility fees. The town council voted last week to have accounting firm Baker Tilly do a rate study, for a cost not to exceed $7,500.
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Starke County Council members are reviewing four options in an effort to save money on the 2013 Starke County Justice Center bond 2013 repayment.
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The Medaryville Town Council members made a decision this week on how to finance a shortfall in funding a new water tower.
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The Medaryville Town Council heard from a financial advisor with the accounting firm Baker Tilly when members met on Thursday.
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A committee to help establish an East Shore Conservancy District in Culver will meet soon with a financial advisor to move along in the process.
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Tax adjustments are still on the table in Pulaski County. The county council voted five-to-two Monday to pursue an option that would reduce the local income tax rate by 0.08 percent for 2020, while increasing property taxes on non-homestead property.
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The Medaryville Town Council members will be working with Jeff Rowe with accounting firm Baker Tilly to find options on funding a shortfall in the water tower project.
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Representatives from financial firm Baker Tilly presented bond refinancing information to the Starke County Council and Commissioners Monday night as the county has an opportunity to possibly save money on the 2013 jail bond repayment.
The county currently pays $1,070,000 annually on the $14 million bonds that financed the Starke County Justice Center construction project.
There were several cost-saving scenarios given to the county. The interest rates are lower which would free up annual cash flow. If the county decided to refund the bonds and keep the payments where they are, about $1.5 million would be generated in cash.
The current interest rate is about 3 percent and the rate would drop to 1.6 percent if the decision is made to proceed.
The bonds go through the year 2034.
The council members and commissioners took the information under advisement to take a closer look at what was presented. Council President Dave Pearman asked the Baker Tilly representatives to come up with a shorter repayment term just for another choice for the county leaders to consider to ensure they make the right, informed choice.
The Pulaski County Public Library will be able to issue bonds for lead dust and asbestos remediation. The county council passed a resolution Monday allowing the library to borrow $1.75 million, pending the review of County Attorney Kevin Tankersley. Of that, $1.45 million will go toward construction costs.
Testing has revealed the presence of asbestos in the Pulaski County Courthouse, but not as much as county officials may have expected. Courthouse project liaison Nathan Origer told the county commissioners that samples were taken from various locations inside and outside the historic building. If you think that you have the presence of asbestos we recommend you to contact asbestos survey birmingham to find out what is the status of this in your home or business.
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Since the Town of Winamac’s financial advisor recently went through a merger, an existing contract required an update.
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The first official public hearing over Knox Community Schools’ proposed $20 million building project drew no comments during Tuesday’s school board meeting.
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No major concerns were raised during a public presentation on the Knox Community School Corporation’s proposed building project Monday. Current plans call for the demolition of the elementary school’s Palmer Wing, and the construction of a new addition extending south from the newer portion of the school.
Continue readingThe first phase of funding for lead dust and asbestos remediation at the Pulaski County Public Library was approved by the county council Monday. Council members voted six-to-one to let the library spend $25,000 out of its Rainy Day Fund, to help cover engineering and testing costs.
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Winamac Town Council members were recently informed that Umbaugh, the firm they utilize as a financial advisor, is currently in the process of merging with two other companies.
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