Thursday, December 29th, 2016
Council moves to allocate $2.7M to cover 2016 costs
By Jared Mauch
ST. MARYS - City council members on Wednesday heard first reading of an ordinance appropriating final expenses for 2016.
Council members John Bubp, Robin Willoughby, Todd Fleagle and Dan Uhlenhake were present to consider allocating about $2.7 million to cover the costs.
Service safety director Greg Foxhoven said about $1.1 million would reimburse the city electric fund for the electric meters and substation transformers, which were purchased before the city had borrowed $2 million.
Council members on Nov. 28 passed an emergency ordinance authorizing using the borrowed money to reimburse expenses for electric meters and substation transformers.
Council members will meet again at 5 p.m. today to give second reading to the ordinance and at the same time on Friday to give third reading and vote on the measure.
The ordinance could see some amendments for today's meting, council president Jim Harris said.