By KEVIN NEVERS
The Chesterton Town Council has taken its first formal step in a proposed
general-obligation bond issue to finance park improvements.
At their meeting Monday night, members voted 4-0 to enter an
agreement—pending a review of the document by Town Attorney Chuck Lukmann—with
H.J. Umbaugh & Associates of Plymouth, a financial consultant retained by
the town in the past.
Under that agreement, Umbaugh would be paid $17,000—“after financing is
obtained, or at termination of the project”—for providing the following
services:
•Financial feasibility and analysis, “to consider what type of financing is
most suitable to meet the needs” of the town.
•Discussion of the funding options, including the maturity schedule of the
proposed financing, the total interest of the life of the bond issue, and
the effect on the town’s debt service tax rate.
•Accounting services, including the establishment of a budget of project
costs, the suggestion of interest rates, probable debt service, and
estimated tax levies, and the collection of financial data needed in the
preparation of publications, bond resolution, notice of sale, and other
documents.
•Attending meetings, including a public hearing on the bond issue and a
hearing before the Department of Local Government Finance Control Board.
•The marketing of the bond issue, including the preparation of a Preliminary
Official Statement disclosing information of interest to underwriters,
rating services, and bond insurance companies, and the collection of general
demographic, economic, and financial information for inclusion in the
Official Statement.
•Providing information to rating agencies and bond insurance companies.
•Providing information to potential bidders.
•Attending the bond sale itself, computing the bid with lowest net interest
cost, and recommending that bid.
Meanwhile, Park Superintendent Bruce Mathias informed members that the Park
Board should complete its prioritization of proposed improvements by the
council’s next meeting, June 27.
The improvements on the table include major renovations of Dogwood Park and
Chesterton Park.
Salary Ordinance Amendment
In other business, members voted 4-0 to approve on its first reading an
amendment to the 2005 Salary Ordinance, 4-0 to suspend the rules, then 4-0
to approve that amendment on its final reading.
That amendment does two things. It creates the part-time position of EMS
Coordinator at 15 cents per hour and the part-time position of CPR
Instructor at 10 cents per hour and adds this provision: “Failure to qualify
on five apparatus within two years from Jan. 1, 2006, will result in a
reduction of pay in the amount of $500. Of the five apparatus, one must be
an engine and one as a tower operator.”
And the amendment clarifies and modifies the compensation formula for
volunteer firefighters: “In order to receive full pay for any of the
volunteer designations, a firefighters must obtain 40 percent of the total
points possible. This 40 percent is based on the total number of calls and
total number of all meetings. A volunteer firefighter must also attend 50
percent of all meetings as a minimum. . . . A firefighter who fails to get
40 percent will be compensated at the same percentage the firefighter
obtained. Volunteer pay will be based on the Dec. 1 through Nov. 30 year.”
Under the original 2005 Salary Ordinance, volunteer firefighters were not
required to attend 50 percent of all meetings as a minimum.
The amendment also tweaks the point system itself:
•Calls: still one point each.
•Meetings: 10 points per meeting after attending 50 percent of all meetings.
Had been a flat five points per meeting.
•Fire prevention: still five points per program.
•Ride-along: still five points per six hours.
•Fill-In ride along: a new category, 15 points per 12-hour shift.
•Outside training: still one point per hour of class, with no call credit
while attending class.
•Fundraisers: still three points per hour.
•Work details: still three points per hour.
•Truck check: 10 points, with failure to perform resulting in the loss of 15
points. Had been three points.
•The amendment eliminates the following category: coverage for other
department non-call.
Full compensation for a volunteer Fire Officer 1 or Master Firefighter in
2005 is $3,433.75; for a volunteer Firefighter 2 or First Class Firefighter,
$3,126.25.
Other Votes
•Members voted 4-0 to appoint colleague Darnell to the Redevelopment
Commission, to fill the vacancy created by the resignation in May of former
council president Bob Crone, R-3rd. One other person applied for the
position: Plan Commission Member George Stone.
•Members voted 3-0 to authorize Steve Yagelski, wearing his hat as Town
Planning Director, to consult with Lukmann on a short list of four website
designers selected from the 10 which responded to a request for proposals
for the development of a municipal website. The four: Griffin Marketing
Services of Chesterton, The Grossbauer Group of Chesterton, CMS Design
Studio of Valparaiso, and Catalyst Marketing of Michigan City. Yagelski told
the council that the original 10 respondents quoted prices ranging from
$2,500 to $16,500; the four on the short list, $3,770 to $9,600. President
Mike Bannon, R-5th, who is employed by Griffin Marketing Services, recused
himself from the vote.
Posted 6/14/2005