Knox City Council Moves Forward with Bond Process Required for Fire Truck Purchase

Steps were taken by Knox City Council members this week to finalize financial arrangements related to a pumper truck that will be purchased for the Knox-Center Township Fire Department.

An appropriation hearing was held and two ordinances were considered on final readings when members met on Tuesday.

These steps were necessary so that when officials are ready to make a payment for the truck, the General Obligation bonds that are being used to finance the purchase will be sold and then the money can be appropriated to pay the fire truck company. Continue reading

Knox City Council Considers General Obligation Bond Ordinances on First Reading

Knox City Council moved one step closer to acquiring a new fire truck for the Knox-Center Township Fire Department when they met Tuesday evening.

Two ordinances related to the 2018 General Obligation Bonds that will be required for the fire truck purchase were passed on first reading.

The first ordinance authorizes the sale of the bonds while the second one permits the funds to be appropriated once the truck is ready to be purchased. Clerk-Treasurer Jeff Houston explained that the ordinances will need to be advertised before they can be passed on final reading. Continue reading