From the Lafayette Journal & Courier:
Lafayette’s City Council has a full agenda planned for its Monday meeting, and the council waded through the items during its caucus meeting Wednesday night.
Monday’s meeting will begin with Lafayette residents’ opportunity to give their input into the proposed 2013 budget. The public hearing portion of the meeting gives residents the opportunity to comment on the proposed budget and related salary ordinances.
The council then has several ordinances for consideration on final readings. Chief among them are ordinances that would annex the area south of McCarty Lane, east of Creasy Lane, north of Haggerty Lane and west of Veterans Memorial Parkway into the city.
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The council also will consider an ordinance authorizing tax incremental finance bonds of up to $6.5 million to help MetroNet, an Evansville-based company, install fiber-optic Internet, television and phone service directly to residences.
The bonds do not have any liability to the city, and the TIF fund generated from the increased assessed value of the fiber-optic lines would go to MetroNet to repay the bonds. Most of the $60 million project is being funded through the company’s private investors.
The council meeting begins at 7 p.m. Monday in the council chambers at City Hall, 20 N. Sixth St., Lafayette.
http://www.jconline.com/apps/pbcs.dll/article?AID=2012309260040
