Archive for Wednesday, March 14, 2012

Police station should be funded through public building commission bonds, financial adviser says

March 14, 2012

Tonganoxie’s new police station should be funded through Public Building Commission revenue bonds, the city’s financial adviser suggested at Monday’s city council meeting.

Tom Kaleko with Sprinsted told the council the route would be better than using general obligation bonds because the PBC bonds would not count against the city’s general obligation bond capacity. The city has $4 million in general obligation bonds before reaching its legal limit. But as Kaleko noted, a street project could easily take up $1 million of that. The new station, which would be a turn-key acquisition, would be the current Everlasting Specialties building on Laming Road. The council selected the site with an offering price of $875,000. Furniture, fixtures and other equipment costs likely pushing that price tag to $900,000.

Council member Bill Peak noted — Kaleko concurred —that the PBC option still would be debt for the city to pay, even if it doesn’t count toward the city’s debt.

Kaleko also encouraged the council to not seek the financing until it can be put into the budget for the next fiscal year budget, which wouldn’t be completed until July or August.

In other business, the council:

• Approved appropriation to BG Consultants for Building inspector services for January and February for $3,564.

• Approved payment to City of Basehor for building inspector services for $4,321.95.

• Approved loan payment to First State Bank and Trust for loan payment No. 7 for fire department bunker gear for $4,871.43.

• Approved First State Bank and Trust loan for 2011 Ford first responder for fire department in the amount of $2,903.77.

• Approved payment of $2,227 to OMB Guns, Inc., for three bulletproof vests.

• Approved payment for first half of March to Mike Yanez for March city administrator services for $3,270.

• Approved a special-use permit to Marilee Drennan for greenhouse plant sales at Myers Hotel.

• Approved a contract with Water Products, Inc., for the purchase and installation of water valves for $13,250.

• Approved contract to Bingham’s Landscaping for replacement of five crosswalks in downtown Tonganoxie for $18,847.50. The crosswalks to be replaced are along Fourth Street at Pleasant, Main and Delaware streets.

• Approved a contract with Proseal Inc. for street sealing not to exceed $50,000. Subdivisions receiving the treatment would be Eagle Valley, Timber Hills, Willow Point, Stone Creek and Jackson Heights.

• Approved hiring of Jason Colobong as full-time police officer, contingent upon passing a physical and psychological testing. Colobong currently is employed at Lansing State Penitentiary. Colobong is not a certified officer and will need to attend the academy for training, according to Chief Jeff Brandau.

• Approved ordinances 1333 through 1338 adopting 2003 international building codes.

Comments

Michael Vestal 2 years, 4 months ago

I'm with councilman Peak. Debt is Debt, No matter what you call it!!

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