Wednesday, April 25, 2012

Merrillville Council Appropriates Funds for Park Equipment and Approves Bond Issue for Road Repair

From the Northwest Indiana Times:

The Town Council on Tuesday unanimously decided to appropriate $75,000 from the cumulative capital development fund to a park equipment replacement program.

A recent inspection of town parks indicated there are safety concerns with equipment at Stefek, Forest Hills and Pruzin parks.
...

Councilmen also are contemplating having an auction to sell sparsely used park property.
Hendricks Park could be among the properties the town could sell.
...

Eliminating park property would reduce maintenance costs for Merrillville.

Councilmen expect to continue discussing park property next month.

In other business, councilmen adopted two ordinances authorizing a $1.9 million bond issue and appropriating the proceeds.

Merrillville will use the funds to repair town roads. The funds will be evenly distributed throughout the town's seven wards. Councilmen are expected to meet with Spires to determine which roads will receive improvements.

As a result of the tax-backed bond, property taxes are estimated to increase. For an owner of a home assessed at $130,000, taxes would increase about $16 each year.


Read more: http://www.nwitimes.com/news/local/lake/merrillville/m-ville-lines-up-funding-to-replace-equipment-at-parks/article_068f4b03-8df8-52bf-9bed-42dd767101a9.html#ixzz1t5arOTXg