NORTH WEBSTER - SEWAGE WORKS IMPROVEMENTS
July 28, 2016 at 4:25 p.m.
By -
IMPROVEMENTS TO THE NORTH WEBSTER SEWAGE WORKS
AND THE ADOPTION AND PURPORT OF THE
ORDINANCE AUTHORIZING SAME
Property owners, ratepayers and other interested parties in or served, or to be served by the sewage works of the Town of North Webster are hereby notified that on September 15, 2015, the Town Council adopted Ordinance No. 2015-09-15 thereby determining to construct improvements and additions to the Town's sewage works consisting of: improvements at the wastewater treatment plant, collection system improvements, lift station improvements and replacement of several existing lift stations, all in accordance with the plans and specifications prepared by Triad Engineering, Inc., consulting engineers of Indianapolis, Indiana.
The maximum total cost of the project is $3,885,000. Ordinance No. 2015-09-15 further directed that a portion of the cost of the project be financed by the issuance of revenue bonds, in one or more series, in an aggregate principal amount not to exceed $3,435,000, which bonds will be payable solely from the net revenues of the sewage works. The bonds will be sold either at a competitive bond sale or at a private sale to the Indiana Finance Authority at an interest rate not to exceed 6% per annum, and will mature semiannually on January 1 and July 1 over a period ending not later than twenty (20) years after substantial completion of the project. Copies of the plans, specifications, cost estimates and of Ordinance No. 2015-09-15 are on file in the office of the Clerk-Treasurer and are available for inspection by any interested parties during regular business hours. Objections to said project and the bonds may be filed in the time and manner provided by the Indiana Code, Title 36, Article 9, Chapter 23.
Dated this 16th day of September, 2015.
Alice E. Luce, Clerk-Treasurer
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IMPROVEMENTS TO THE NORTH WEBSTER SEWAGE WORKS
AND THE ADOPTION AND PURPORT OF THE
ORDINANCE AUTHORIZING SAME
Property owners, ratepayers and other interested parties in or served, or to be served by the sewage works of the Town of North Webster are hereby notified that on September 15, 2015, the Town Council adopted Ordinance No. 2015-09-15 thereby determining to construct improvements and additions to the Town's sewage works consisting of: improvements at the wastewater treatment plant, collection system improvements, lift station improvements and replacement of several existing lift stations, all in accordance with the plans and specifications prepared by Triad Engineering, Inc., consulting engineers of Indianapolis, Indiana.
The maximum total cost of the project is $3,885,000. Ordinance No. 2015-09-15 further directed that a portion of the cost of the project be financed by the issuance of revenue bonds, in one or more series, in an aggregate principal amount not to exceed $3,435,000, which bonds will be payable solely from the net revenues of the sewage works. The bonds will be sold either at a competitive bond sale or at a private sale to the Indiana Finance Authority at an interest rate not to exceed 6% per annum, and will mature semiannually on January 1 and July 1 over a period ending not later than twenty (20) years after substantial completion of the project. Copies of the plans, specifications, cost estimates and of Ordinance No. 2015-09-15 are on file in the office of the Clerk-Treasurer and are available for inspection by any interested parties during regular business hours. Objections to said project and the bonds may be filed in the time and manner provided by the Indiana Code, Title 36, Article 9, Chapter 23.
Dated this 16th day of September, 2015.
Alice E. Luce, Clerk-Treasurer
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