Knox City Council members considered an amended General Obligation Bond Ordinance when they met last Tuesday.
As a reminder, the city of Knox will be purchasing a pumper truck for the Knox-Center Township Volunteer Fire Department to replace an aging model that is more than 30-years-old.
In order to finance the purchase, the city will be utilizing general obligation bonds. Continue reading
Knox Mayor Dennis Estok alerted city council members of some changes to the general obligation bond process when they met last Thursday.
Estok issued an updated timetable for the general obligation bonds that the city will be using to finance the purchase of a pumper truck. He informed members about a suggestion made by the city’s financial advisors that impacted the timeline. Continue reading
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
An appropriation hearing will be held over the 2018 General Obligation Bond issue when Knox City Council members meet tonight at 7 p.m.
Additionally, members will consider two ordinances on second and final reading. One ordinance is to authorize the sale of the general obligation bond for the fire truck and the other will approve the appropriation of the bond. Continue reading
Knox Board of Works members approved a bid from the fire apparatus manufacturer Toyne, Inc when they met Wednesday morning.
Toyne was the only company to submit a bid on time and their proposal listed a cost of $579,334.71 for an available pumper truck. The bid came in about $20,665 less than the expected price of $600,000. Continue 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
Fire truck bids will be opened during this morning’s Knox Board of Public Works meeting.
In addition to receiving updates about a property at 6 North Pearl Street and two properties on Main Street, members will also consider a request for reserve officers. The superintendent’s report will be delivered and any additional business deemed necessary by the board will be discussed. Continue reading
The Knox City Council members voted unanimously to move forward with the purchase of a pumper truck for the Knox-Center Township Fire Department.
With the motion, members also permitted city officials to communicate with Umbaugh about obtaining a bond for the purchase of the fire truck. Mayor Dennis Estok said that Shawn Cain from KIRPC informed him that no grants are available at this time, so financing for this purchase will come the bond. Continue reading
At Tuesday night’s Knox City Council meeting, members heard a presentation about obtaining a bond to purchase a new fire truck. Fire Chief Kenny Pfost told council members that the vehicle they’re looking to replace is a pumper truck that is nearly 30 years old.
John Julien from Umbaugh provided the presentation and stated that the projected cost of the truck is approximately $600,000 and Umbaugh’s service charge would come in at about $50,000. Continue reading