Randall moves ahead on bond proceedings
RANDALL – The Randall City Council moved forward on proceedings for issuing revenue bonds for the Bethany Life Communities project during the December meeting.
With no written or oral objections at the public hearing on the matter, a resolution was approved by the council for the issuance and sale of the bonds in an aggregate principal amount not to exceed $23 million. No additional action is required by the council until Bethany Life Communities is ready to borrow the funds.
Other business on Tuesday included an update on the planned new fire equipment storage building. There will be a public meeting on Jan. 13 regarding the project, when final details will be reviewed with the public. The new structure, from Astro Buildings, will go up north of the town gym.
The council also acted on water rate increase proposals. In order to increase revenue to the city budget, they voted to raise the minimum water rate as well as the per gallon amount. The minimum charge for water will be $25 for the first 2,000 gallons. The fee will be 80 cents per 100 gallons after that.
Plans are for the first reading of the new ordinance to be held at the January 2014 council meeting. The last water rate increase was in 2010.