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Westville adopts revenue bond ordinance to finance waterworks improvements
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Summary
At a meeting called at 7:00 p.m., the town suspended rules and adopted Bond Ordinance 20 26 2 to fund additions and improvements to the waterworks, including filter building expansion, new wells and a planned water tower; the vote was 5-0.
The Westville Town Council adopted Bond Ordinance 20 26 2 after suspending the usual rules, authorizing revenue bonds to fund additions and improvements to the town's waterworks.
The chair (S1) introduced the ordinance and summarized its purpose: financing construction and upgrades to the town waterworks and related revenue collection and safeguards. "This is part of the financing for the project," the chair said, noting the state revolving loan fund as a financing source. The ordinance passed on first reading and, after a motion to suspend the rules, was adopted by a 5-0 roll call.
The ordinance description in the meeting record specifies that proceeds would fund construction of additions and improvements to Westville's waterworks, issuance of revenue bonds and notes in anticipation of bonds, and associated revenue distribution and protections for bondholders. The chair said most of the cost "will be paid by the State of Indiana," and mentioned specific project elements discussed earlier in the meeting: expansion of the filter building to support new wells, proposed construction of a water tower beginning early this spring, and upgrades at Calder Road and Westville Estates lift stations (including pursuit of an OKRA grant to add generators).
Votes at a glance - Approve minutes — Motion to approve minutes passed 5-0 (votes recorded as yes from Missus Duforski; Mister McMahon; Missus Watkins; Missus Deel; Missus Diehl). - Approve claims — Motion passed 5-0 (same recorded votes: Duforski; McMahon; Watkins; Deel; Diehl). - Bond Ordinance 20 26 2 — Motion to approve on first reading passed 5-0; motion to suspend the rules and adopt passed 5-0. - Contract award: Krupa's Porta Pot (parks restroom services) — Motion passed 5-0 (see separate action record). - Prairie Meadow Park use for Birchfield group Memorial Day event — Motion to allow use free of charge passed 5-0.
The ordinance text was read by title only at the meeting and adopted immediately after the suspension motion. The council then moved on to other business and adjourned at 7:17 p.m.
