Batesville Herald Tribune, Batesville, Indiana

Local News

August 20, 2013

Council and board move projects ahead

The Batesville City Council voted to save utility customers money, make the town more accessible to the disabled and help out one of its largest companies Aug. 12.

Members mulled over whether to approve Ordinance 7-2013, which would refinance sewage works bonds that totalled $11 million in 1998 and 2001 held by the State Revolving Fund with a current 3.9 percent interest rate.

With the final payment set for January 2021, the balance is now $4.69 million, said clerk-treasurer Ron Weigel. After consultants’ fees of at most $75,000, utility customers would save about $290,000 with a lower interest rate. Fees could be a maximum of $30,000 for bond counsel provided by Bose McKinney & Evans, Indianapolis; $25,000 for the financial expertise of Piper Jaffray, Indianapolis; $15,000 for local attorney Lynn Fledderman; and $5,000 for other expenses.

Member Darrick Cox suggested moving forward despite the hefty fees. “It’s still a pretty significant savings in the long run.” Member Kevin Chaffee calculated, “We’re paying 21 percent in fees. That seems kind of high.” Member Beth Meyers said, “That’s pretty common when you’re talking this amount of money.”

Mayor Rick Fledderman asked, “Are your fees consistent with other firms?” BME attorney Dennis Otten nodded yes. Chaffee wondered, “Have we even talked to anybody else” to get other consultants’ bids? The mayor said employees at two companies performing rate studies of four Batesville utilities recommended the bond experts. “There has to be trust in all this.”

The ordinance was primarily adopted 4-1, Chaffee opposed, with a second reading expected next month.

After the meeting, the mayor noted that quibbling over fees came too late. On June 10, the Batesville Board of Works approved Piper Jaffray as the sewer bonds refinancing agent and signed a retainer agreement with BME to serve as bond counsel.

The council adopted the city’s Americans with Disabilities Act transition plan. Fledderman said public property “must become more compliant with the needs of the physically handicapped people of our community.” Tim Macyauski, director of operations for street and building departments; VS Engineering; street department employees; and ADA officials collaborated on the plan. “ADA compliance inspections took place in the last few days,” he reported. Citizens may have noticed street workers “have done a lot of work with sidewalks and corners. That’s all part of the plan.”

Text Only
Local News
  • Five new cars and trailer burn on interstate Six Batesville firefighters responded to a car-carrier truck fire on westbound Interstate 74 just behind Batesville High School at 11:25 a.m. Sunday, July 27, according to Fire Chief Todd Schutte. The chief also called for tanker support from Oldenbu

    July 29, 2014

  • nws - bv072914 - cincinnati orchestra Symphony highlights arts council's 25th anniversary The Franklin County Arts Council, currently celebrating its 25th anniversary, was established when Franklin County High School opened in Brookville.Vice President Patti Wilhelm, Brookville, who has been involved with the organization for 24 years, re

    July 29, 2014 1 Photo

  • nws - bv072914 chinese classroom Educators work and play in China ”I loved China!” raves Batesville Middle School language arts and special education teacher Alex Davis, who worked in Beijing with five other Batesville Community School Corp. educators June 28-July 18 to sharpen the English skills of Chinese incomin

    July 29, 2014 2 Photos

  • State police post meth lab closures online Area residents can search a new Web-based listing of meth lab addresses in Ripley and Franklin counties. The Indiana State Police unveiled the online database on the Indiana Methamphetamine Investigation System Web site, www.in.gov/meth. It lists not

    July 29, 2014

  • nws - bv072514 - BCSC lowery leaves Lowery leaves school board Batesville resident Chris Lowery’s appointment as Ivy Tech Community College Columbus/Southeast chancellor caused him to resign from the Batesville Community School Corp. board July 21.He has been a District 3 trustee for a dozen years, serving as bo

    July 25, 2014 1 Photo

  • National Night Out set for Aug. 4 Area residents can enjoy a grill-out and pool party by attending the local National Night Out Monday, Aug. 4, from 5:30-8 p.m. at the Batesville Memorial Pool. Sponsored by the Coalition for a Drug-Free Batesville and the Fraternal Order of Police, t

    July 25, 2014

  • Batesville Summer Bash starts Aug. 1 The third annual Batesville Summer Bash begins at 8 a.m. Friday, Aug. 1, and runs until 10 p.m. Saturday, Aug. 2, in downtown Batesville. The event features sidewalk sales, including home-based business booths; the Saturday morning farmers’ market an

    July 25, 2014

  • Shell building site determined The Batesville Economic Development Commission pinpointed where to construct a shell building within the city’s vacant industrial park July 18.Consultant Greg Martz of GM Development, New Castle, recommended a 7-acre site just east of Merkel Road and

    July 25, 2014

  • Babe Ruth Tournament benefits the whole community Local leaders pointed out the benefits resulting from hosting the 10 and under Central Indiana Babe Ruth Tournament at The Plex here July 10-13. Seven teams participated in the tourney, bringing more than 120 young players to Batesville, plus familie

    July 25, 2014

  • Brother charged in shooting

    July 23, 2014

Featured Ads
AP Video
Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train In Virginia, the Rise of a New Space Coast New Sanctions on Key Sectors of Russian Economy Crayola Announces Family Attraction in Orlando US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue
Photo Gallery


Seasonal Content
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Facebook