Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Centerville council approves preliminary waterworks revenue bond resolution; authorizes related contracts
Summary
Council approved Resolution 2025-03 to make preliminary determinations regarding waterworks revenue bonds and authorized contracts with Baker Towing, bond counsel Barnes Thornburg, and town attorney Ed Martin to proceed with bond-related work; motions carried on roll calls.
Centerville’s council on July 29 approved a resolution authorizing preliminary steps for waterworks revenue bonds and authorized related professional contracts.
The chair presented Resolution 2025-03 to make preliminary determinations to issue waterworks revenue bonds and to allow the town to reimburse project contractors from bond proceeds or federal infrastructure funds. Members moved to accept the resolution; a motion was seconded, a roll call was held and the council carried the motion.
Council also considered and authorized the contract scope of work with Baker Towing for work tied to the water bond project and discussed a tower/landline replacement that forms part of the project scope. The chair stated he would sign the scope-of-work agreement with oversight by Kevin (as noted in the meeting). The council authorized bond counsel Barnes Thornburg to serve on the bond engagement and approved the town attorney Ed Martin’s scope of work related to the bonds, with motions carried by roll call.
Meeting remarks indicated the waterworks may initially pay contractors and later seek reimbursement through bond proceeds or federal program reimbursements. The transcript records the approvals and that the chair was authorized to sign contract documents; individual vote-by-name mapping is not unambiguously recorded in the available transcript excerpts.
