NEWBERRY — Newberry City Council unanimously approved an ordinance to issue a $10 million Bond Anticipation Notice to finance utility projects.
In August of last year, council authorized the issuance of a BAN to make funds available to upgrade various components of the city’s utility system. The initial BAN was for $5.7 million. That BAN will mature next month.
Mayor Foster Senn said it would be necessary to adopt the ordinance to authorize the issuance of another BAN and utilize the proceeds to redeem the 2013 BAN and obtain additional funds to defray the costs of additional improvements to the utility system.
The funds will be used to redeem the 2013 BAN, repair the existing clear well and construct a second clear well, earthwork related to the water treatment plant and distribution line upgrades, and the construction of an elevated storage tank or other storage facility.
Other improvements that will become possible through the BAN are the construction of a booster pump station, renovations to the city’s utility shop area, relocation of the city’s warehouse and upgrades to the city’s waste treatment facilities and collection lines.
“We are still on track,” City Manager Al Harvey said at Tuesday’s council meeting. “This is just the next step in implementation for projects we have been talking about.”
For projects at the water treatment plant, Utility Director Marc Regier said they were looking at an estimated $1.9 million in land preparation alone.
“There’s some pretty extensive groundwork involved,” Regier said. “My hope is with the BAN we can get going with this project.”
Harvey told council the financial report was literally “hot off the press” as they just wrapped up their fiscal year on June 30. Although Harvey said it could change in the next few days, currently they were at the 92 percent level on both revenue and expenditures, which he felt was a good sign.
“Nothing looks out of kilter,” Harvey said.
Within the next week Harvey told council he would have final updates but he saw them finishing in the positive for the year.
City Council recognized four individuals for their work within the City of Newberry.
Randy Malloy was honored for 10 years of service with the city police department. Malloy began his employment on May 3, 2004, and currently holds the position of Police Sergeant/Patrol.
“He (Malloy) is an outstanding policeman and good in the community,” Senn said.
Sharon Cromer and Ronnie Taylor were recognized for retiring from the city’s utilities department. Cromer began her employment on Aug. 17, 1981, and retired as Senior Administrative Assistant.
“Sharon was always a calm and steady voice for the community,” Senn said about Cromer’s work within the utility department.
Taylor began working with the city on Dec. 9, 1986, and was an Electric Lineman A.
“I’ve seen him (Taylor) rolling when no one else was out,” Senn said. “He’s been out during some hard days and I appreciate all he’s done.”
Former Police Chief Jackie Swindler was also recognized. Swindler began his employment on Jan. 21, 1978, and recently retired.
“He’s an outstanding policeman and police chief,” Senn said.