Minutes for the Village of Cerro Gordo
SPECIAL MEETING
FEB. 8, 2010
A special meeting was held on Feb. 8, 2010 at 231 East
South Street for the purpose of discussion on the
drainage project and subsequent financing. Those In
attendance were Mayor Lyle Shoraga, Trustee Brad
Williams, Dennis Ridgeway, Mick Tirpak, Dick Seitz, Ron
Price, and Shamarie Allen. Also present was Clerk Linda
Ash.
The meeting was called to order by the mayor. The topic
of this meeting was to discuss the drainage project and
financing of the project. Tom Overmyer, engineer for
Foth, is no longer with the company and the Village is
now being served by Greg Kacvinsky.
Greg brought samples of the easement agreements the
Village will need to secure. In order for this to work
the Village will need to work closely with the Drainage
District. He brought examples of an agreement between a
trust, private owner, and corporation. There were some
questions about the retention pond. The pond will be on
land currently owned by Allen Williams. Allen is willing
to give the Village 2 acres of ground but the pond is
requiring four acres. He would like the Village to buy
the other two acres or more if needed. If the pond is
deeper than the plans called for it will need to be
pumped out, adding to the cost of the project. The plans
call for twin 24 inch pipe to be laid in the fields. The
pipe size could run to 42 inches the farther out it is.
The project is not likely to get done this year due to
work with the drainage district and the securing of
easements. We may get a fall bid at best for the laying
of the pipe.
The other object of this meeting was to discuss
financing. A possible utility tax was discussed. The
board would pass a tax to be placed on a utility. The
maximum for this is 5%. Half the towns in our area
already have this tax in place. There was also talk of a
base $12.50 added to the water bills.
The village will need to borrow the money for this
project in the form of bonds. The utility tax can be
stopped at any timed or change the rates at any time.
The Board would have to set up an ordinance, publish it
for three weeks and then it would go into effect. The
whole process could take up to three months. Trustee
Williams contacted Midfirst which has handled bond
issues with the Village before. He also talked to the
State Bank of Bement. They can put a package together
for the Village that would beat the rates Midfirst was
offering and it would keep the financing in the Village.
Trustee Tirpak brought up the issue of replacing water
lines for the Village. The Village was turned down for
the CDAP grant we applied for but we can reapply using
the data we already have.
The board will set up a special meeting when members of
the drainage district can meet with Village officials.
Trustee Ridgeway received information from IDOT about
the speed surveys conducting on State Highway 105/32.
The average speed coming into town is 50 MPH. The state
can put up 30 MPH signs but the Village will be
responsible for slowing down traffic. The board will
instruct Chief Carter to start patrolling that section
of road and write warning tickets.
No further business was conducted and the Board
adjourned on a motion by Trustee Allen, Tirpak, all yeas
____________________________
Village Clerk 2/08/20 8:00 pm
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