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Petersburg board approves digital sign funding cap, park fencing and routine bills
Summary
The Petersburg board approved payment of two routine invoices and adopted two TIF-funded resolutions: authorizing up to $25,000 for a digital sign and approving $122,728 for baseball park fencing.
The Petersburg board voted on two routine payments and adopted two resolutions to use tax increment (TIF) funds for town improvements.
At the start of the meeting the board approved a $775 invoice from Cron & Associates for accounting and consulting and a $1,372 invoice from Barnes & Thornberg for legal work related to TIF matters. Both payments were moved and seconded and approved by voice vote.
The board then considered Resolution 2026-03, authorizing application of TIF revenues toward the cost of a new digital sign and associated site work. Members noted the sign was estimated to cost roughly $32,000 and that about $3,000 in donations had been received toward the project. Because the draft resolution did not include a capped amount, members discussed setting a limit; the board authorized the expenditure up to $25,000, with final payment and placement to reflect donations and the agreed location.
Minutes later the board took up Resolution 2026-04, to apply TIF revenue to fencing and related improvements at the baseball park. The resolution set a not-to-exceed amount of $122,728 and was approved. Members praised the finished work on the park during discussion.
By the end of the session the board had adopted both resolutions and approved the vendor payments. No formal roll-call tallies were recorded in the transcript; approvals were completed by voice vote. The board adjourned after brief additional updates on parks and maintenance.
The next procedural steps for the sign project include verifying donation totals, confirming the sign location and finalizing contract terms; for the fencing the work appears complete and funds will be applied as authorized.
