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Peters Township approves $625,000 loan and contracts for paving and equipment
Summary
Council adopted a borrowing ordinance to finance the purchase of the VFW ambulance garage and awarded contracts for the 2026 road program, park paving and two dump-truck upfits; the upfitting vote was 4-1, other votes were unanimous.
Council moved through a series of fiscal and procurement items.
Ordinance: Council adopted an ordinance authorizing a 10-year fixed-rate, tax-exempt note of $625,000 to finance the township’s purchase of the VFW ambulance garage; Mr. Mills, the township’s bond counsel, explained the Local Government Unit Debt Act filings and said the township retains substantial borrowing capacity. The motion passed 5-0.
Road program award: Staff recommended awarding the 2026 road improvement unit-price contract to Tresco Paving Corporation for $1,688,925 (including alternates) and noted an asphalt-price adjustment clause tied to oil prices. Council approved the award 5-0.
Parking lot and trail paving: Council awarded a $143,149.40 contract for Wellwood Park amphitheater parking and pedestrian pathways to a recommended bidder (award recorded 5-0).
Truck upfits: Council approved awarding a Co-Stars contract for upfitting two Ford F-600 chassis to Stephenson/Steven's City Equipment for $175,442; council discussed timing for upfits and budget amendments and approved the award 4-1.
Other routine items on payroll and bills were approved by unanimous vote.
