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HomeMy Public PortalAbout6/20/1995 specialCity of Greencastle Citv tiall ® your East 'Xalnut Street Greencastle, Indiana 461 35 Don Weaver, Clerk- Treasurer GREENCASTLE COMMON COUNCIL Special Session June 20, 1995 The Greencastle Common Council met in special session on Tuesday, June 20, 1995 at 5:00 pm at the Street Department Facility. On the Roll Call, the following were found to be present: Councilor Miles, Councilor Murray, Councilor Roach and Councilor Rokicki. There were no Public Petitions or Comments. City Attorney John Zeiner reported the Board of Works has authorized purchase of approximately 1.9 acres of land adjacent to the sewage treatment plant. This parcel is known as the Robert Dreyer property. The agreed contract price of 542,000 is less that the average of the two appraisals. The two acres of adjoining railroad right -of -way will now be pursued. Mr John Seever, representing H J Umbaugh & Associates, Certified Public Accountants, presented the Council with the details of the results of negotiations in which he, City Attorney John Zeiner and City Engineer Chris Barnes have been engaged with the Office of the Utility Consumer Counselor (OUCC) of the IURC. The result of these negotiations is the reduction of our Water rate increase from our proposed 68.01 to the OUCC accepted 51.45 0 ,6. This revenue level will not allow for reimbursement of certain expenses already incurred in the project and will create serious cash -flow problems in the future. But the good news is that this early agreement will cut four to six weeks off the start-up time of the project and could possibly get the new plant online in time for our usage peak next summer. By that time we will have plenty of capacity and can encourage growth. Mr Zeiner reported that he had been in contact with each off the three local water companies who purchase water from Greencastle. All are supportive or our proceeding with this expansion project under these terms. The IURC hearing is set for June 30th. Discussion ensued. Councilor Roach moved and Councilor Murray seconded that Council accept the terms of this agreement. Motion was carried on a unanimous aye vote of those present. City Attorney Zeiner and Mayor Harmless pointed out the need for extra Council meetings in July and August for the Bond Issue Ordinance and to meet up- coming budget deadlines. With no further business, on a motion by Councilor Roach, the meeting adjourn ' at 5:28 pm Michael M. Harmless, Mayor ATTEST: Donald L Weaver, Clerk - Treasurer ��mcin6U \vtxlocs �comw i I �(!b ZOsY i, inin