Financial Consultant Greg Guerrettaz, of Financial Solutions Group, Inc., returned for the regular Warren Town Council meeting on Monday, March 22, to discuss several project updates.
Guerrettaz first brought forward Ordinance 2021-3, which was a Bond Ordinance for the water project. The motion passed unanimously.
Second, the council approved using a State Revolving Fund (SRF) loan to cover what the grant does not for the water project.
Next, Guerrettaz discussed Resolution 2-2021 to amend the 2021 Electric Tracker Factor. This was first presented by Guerrettaz in the March 8 council meeting. The motion passed unanimously to move forward.
Once the adjustment is set in place, a normal regular-usage home’s electric bill will drop by 11 percent. The bill for a high-usage business will drop by 20 percent.
Lastly, Guerrettaz and the council discussed what steps they needed to take to update the town’s Comprehensive Financial Plan, which hasn’t been revised in several years. Guerrettaz agreed to work on the updates.
In unrelated business, Operations Manager Brian Sills reported that there was a hydrant out of service. Sills wanted to take the opportunity to upgrade the hydrant. The council approved moving forward and requested that Sills collect bids on the project.
Houses surrounding the hydrant in question will be affected for no more than a week. More details on this project will come at a later date.
In other business:
• A public hearing for Ordinance 2021-4A was held. This ordinance re-establishes a CCD Fund according to Indiana Code 36-9-15.5. Since there were no citizen comments, council voted and the ordinance was adopted.
• Citizen Terry Miller thanked the town employees for their work with clearing the heavy snowfalls this winter. Miller also thanked the town council for going through with the water project. Miller also encouraged the council to consider the sewage project that has been discussed.
• Golfo Di Napoli has pretreatment installed, but it isn’t currently operating it because they don’t have a certified operator.
• Morrison brought Ordinance 2021-6 back before the council to establish a policy for electronic fund transfers and online banking. The ordinance authorizes the clerk/treasurer to make Automatic Clearing House (ACH) and Electronic Funds Transfer (EFT) transactions. The council approved the ordinance.
• The sale of a town-owned property was brought before the council again. An executive meeting to discuss the matter further will take place on Monday, March 29.
• Historic Warren asked for permission to research a mural project. The council approved them moving forward.
• The Warren Town Plan Commission proposed Ordinances 2021-07, 2021-08, 2021-09, 2021-10, 2021-11, 2021-12 and 2021-13 to amend the Town of Warren Zoning Ordinance and the Subdivision Control Ordinance. More discussion will be on a later date.
• A Redevelopment Commission Meeting discussing the TIF Annual Report is scheduled for Monday, March 29, at 5:45 p.m.
• A public hearing on Ordinance 2021-4 on the water rates is scheduled for Monday, March 29, at 6 p.m.