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Tipp City approves transfer of OWDA loans for Monroe Township area; one abstention
Summary
Council authorized the transfer/assignment of Ohio Water Development Authority loans tied to Country Estates area from Monroe Township to Tipp City. The action accompanies the city's assumption of water/sewer responsibilities for the area; one council member abstained from the vote.
Tipp City Council on Nov. 3 approved a resolution authorizing the city to take actions necessary to transfer or assume certain Ohio Water Development Authority (OWDA) loans from Monroe Township to the Monroe Township Water and Sewer District as part of the city—s assumed responsibility for the Country Estates water and sewer area.
Mr. Mack explained the resolution allows the transfer of OWDA debt from Monroe Township to the city and that repayment will be handled through assessments transferred with the systems. The measure follows council—s recent action for the city to take over Country Estates water and sewer service.
No public speakers addressed the item during the hearing. On roll call, the resolution passed with one member indicating an abstention. Recorded votes: Mr. Slagle — yes; Mrs. Pittenger — yes; Mr. Liddy — yes; Mr. Kessler — abstain; Mr. Insulin — yes; Mayor Rogers — yes; President Huffman — yes. The resolution was filed as Resolution 30-4205.
Staff indicated assessments and repayment responsibilities will be transferred and administrative steps with OWDA will follow.
