Napoleon Council got a look at the financing that’s spear-heading the new water plant project, during their Monday night meeting. City finance director Greg Heath was able to secure notes at just a half-percent interest for the engineering and preliminary costs estimated at 2.5 million dollars. Napoleon Council is hoping the Henry County Regional Water and Sewer District will be able to pick-up that financing for the consortium that is joining together for the water plant project.
A first reading was approved on legislation to apply for community development block grant funds. Another resolution was passed, establishing new rates for rescue service, to match the medicare reimbursement rate; which is under 2%. Both resolutions were passed by emergency measure.
Napoleon Council approved a grant of $6,700, that will pay for the replacement of mobile computers in three city police cruisers. A 10% local match is required.
And specs were finalized for the purchase of a new mini excavator needed in various city departments. Napoleon Council approved that cost estimated at $80,000, with trade-in of a backhoe.