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Thorntown council accepts engagement letters for bond counsel for water treatment plant expansion
Summary
The council unanimously approved engagement letters with Krohn & Associates and ICE Miller to serve on bond work for the Water Treatment Plant Expansion; ICE Miller estimated $35,000–$40,000 and Krohn $25,000–$35,000, both payable from bond proceeds. Dave Williams was authorized to sign.
Council members voted Jan. 26 to accept engagement letters from Krohn & Associates and ICE Miller for legal and financial work related to bond issuance for the Town’s Water Treatment Plant Expansion project.
Bruce Burtner moved to accept the engagement letter from Krohn & Associates and authorize Council President Dave Williams to sign; Randy Bruder seconded and the motion passed 5‑0. Burtner then moved to accept ICE Miller’s engagement letter and authorize Williams to sign; Bruder seconded and the motion passed 5‑0. The council record notes ICE Miller estimated bond‑counsel fees at about $35,000–$40,000, and Krohn & Associates estimated fees of $25,000–$35,000; both firms’ fees were described as payable out of bond funds.
Council members did not discuss alternate fee numbers or motions to seek additional proposals at the Jan. 26 meeting. Heather James is identified in the record as ICE Miller’s contact. The engagement approvals advance the town’s ability to move forward with bond financing steps for the water‑treatment expansion, with legal fees to be covered from bond proceeds.
