MILFORD - Taking another step toward the water and sewer treatment plant improvement project, the Milford Town Council Monday adopted a resolution for the bonding of the project.

Jerimi Ullom, of Barnes & Thornburg, Indianapolis, the financial consultant for the project, said the ordinance just provides for the maximum number of bonds at the maximum rate for a maximum number of terms. When the bonds for the project are closer to being sold, a more definitive ordinance will need to be approved.

The estimated maximum cost for the project is $1.85 million; maximum number of bonds to be sold are 1.5 million; and the maximum interest rate is to be 6 percent.

The ordinance, Ullom said, empowers the town council president and the town's clerk-treasurer to execute the bonds and deliver them to the purchaser when the time comes. It also authorizes bond anticipation notes.

The public notice of the estimated rates and charges of the project is to be published in area newspapers Wednesday. Following publication, Ullom said, users of the sewer works in the town have 20 days to object, but he said no objection is anticipated.

In another matter, town attorney Jay Rigdon presented the town council with an ordinance prohibiting dogs from running loose in the town.

"I had a dog running loose today so I'm feeling kind of sheepish," said town councilman Bob Phillips after the ordinance was presented.

The ordinance, however, was unanimously approved, and provides for a fine of $10 to $50 per violation. Rigdon said once the ordinance is published, it goes into effect.

In other business, the town council:

• Heard a presentation from Chip Davenport for the renewal of Royal Crown's 10-year abatement. The abatement is in its sixth year.

Davenport told the council the amount of money Royal Crown qualifies for has reduced significantly because of the property reassessment changes.

The business has 84 percent of its sales go out of state and its strongest areas are in the upper Midwest and mid-South. Royal Crown is growing nationally, he said, and has $500,000 in sales overseas.

When Royal Crown started, he said, they had $9 million in sales their first year, but this year are on target to hit sales of $23 million.

"It's only going to get better," Davenport said.

John Lehman, council president, said, "We appreciate Royal Crown being here in Milford."

Davenport thanked the town for its support.

• Approved the purchase of two sets of stop sticks for the Milford Police Department for "pursuit-type of scenarios," according to town marshal Dave Hobbs, for $780.

• Approved Hobbs to purchase additional firearms for $1,600.

• Approved $1,530 for the repair and resurfacing of Emeline Street. The water main under the street was recently repaired.

• Approved to hold budget workshops June 16 and 23 at 6 p.m.

• Heard the fire department had three runs last month.

• Heard the EMS is raffling off an Amish quilt. Six tickets can be bought for $5 from any Milford EMS member or at the EMS office. At MilfordFest, June 28, raffle tickets also will be sold.

• Heard the town's offices will be closed July 4.

Members of the Milford Town Council are John Lehman, Bob Phillips and Douglas Ruch. Their regular meetings are at 7 p.m. in the town hall on the second Monday of every month. [[In-content Ad]]