By JIM MAURER
CAREY — Carey Council approved an emergency resolution announcing its intention to reconstruct the wastewater (sanitary sewer) treatment plant Monday so funding for the project can be considered by a state agency next month.
Council faced a Friday deadline to have the legislation submitted to the state.
At its April 1 meeting, council approved a motion of its intent to award Peterson Construction Co., Wapakoneta, the construction contract for about $10.03 million, the lowest of three bids received for the work.
The project was estimated at $10 million.
The village wants to borrow about $14.5 million to cover construction and related expenses including the costs of demolition of most of the existing plant, with the laboratory and office being left for continued use. Others costs include: soil borings; a new Vactor truck for cleaning out sewer lines; a new sludge press; design costs and contingency money.
At the previous meeting, council spent about an hour discussing the project with Pete Latta, an engineer with Jones and Henry, Toledo. Consensus at the end of the discussion was to move ahead with the project, which is expected to take about two years to complete.
On Monday, Latta again attended the session, and participated with council on about another hour discussion on various payment options.
The village currently has a half-percent income tax earmarked for payment of sewer debt projects, and the state wants the village’s annual payment to be less than $700,000 that tax generates annually.
The village will borrow the funds from the Ohio Water Development Authority/Water Pollution Control Loan Fund, for an average interest rate of 1-1.1 percent, Latta said.
The interest rate is different for separate portions of the project, he said.
The discussion centered on 20-, 22- and 25-year loan payback periods. With no money down, a 20-year loan would cost about $821,000 annually; at 22 years, the cost would be $684,000; and at 25 years, $674,000.
Four council members favored the 25-year payment period, while Councilman Anthony Fletcher said the 22-year period would get the payoff done sooner and still be under the $700,000 threshold. Councilman Mellisa Cole was absent.
Repayment won’t begin until completion of the project, so additional funds will be paid into the account over the next two years until payments begin in 2021.
The sewer debt fund has a balance of more than $4.5 million. The village has three other sewer projects which utilize the funds, too.
The last of the three projects will be paid off by 2031. Combined, the three loans cost the village about $1 million annually. So until then, the village could use some of the fund’s balance to cover the cost of the sewer plant upgrade.
Council took no action on the financing amount or payback period and are expected to discuss the issue again at the May 6 council meeting.
Work is expected to begin in June or July.
The annual spring cleanup throughout the village will be held May 17. As in past years, there will be a three-bag limit. Items should be placed curbside by 7 a.m., and crews will not make return trips.
Restrictions include: no large appliances, no televisions or computer monitors, no furniture, no tires or automotive parts, no liquid paint or solvents.
To dispose of televisions, computer monitors, electronic equipment and large appliances, residents should contact the Wyandot County recycling center where disposal is available for a small fee. For more information, contact the recycling center at 419-396-3541.
Johnson also said the 10.5 percent increase in motor vehicle gas tax, effective July 1, is estimated to provide the village an additional $95,000 in 2020 and $96,000 in 2021, which will nearly double what the village receives now.
The additional funds are designated 92.5 percent for streets and 7.5 percent for state highways.
Also, village utility office Clerk Barb Thome has notified the administration she plans to retire June 1 after 24 years of service. Assistant Clerk Tammy Orians will assume the clerk’s job.
Applications are being accepted for the assistant clerk’s position. There have been 29 applications received, said assistant Administrator Nathan Curtis.
Village offices will be closed Friday, in observance of Good Friday.
Emergency situations should be directed to the police department, 419-396-7678.
Send an E-mail to Jim Maurer