A reminder – the function of this news media is to provide information not pass judgement.
No one in this community is opposed to progress but how to pay for, and ensure a fair and equitable financial distribution and timeline requires basic financial information. In order for residents to give proper consideration to their potential financial obligations a full disclosure is preferred.
The graphic above comes from this official web site
The following is a depiction of actual financial data supplied by the Village in it’s accounting spreadsheets.
There are 3 major infrastructure projects being proposed.
The costs are divided by the latest official US Census figures.
Obviously the actual sewer transmission costs will depend on the extent of service connections within the Village and whether transmission is gravity or pumped fed. One item of concern in the preliminary language lists REU’s by Lot, not parcel. The final household obligation will depend on the ratio of loan to grant funding, connection fees and unfunded obligations to remove prior septic systems plus necessary household electrical upgraded.
The Village amended it’s budget in June:
- At the request of the USDA & Rural Development, repayment of loan for construction of new DPW building (approx.. $310k over 30 yrs.) must be amended into the 2017-2018 Village Budget. Loan repayment per month approx.. $1,225-$1500) ▪ Motion to amend the budget for repayment of DPW building in 2017-2018 Budget as follows: General $1,800, Water $7,200, Park $1,800, Major $3,600, Minor $3,600, by Bass, seconded by McPherson. Motion Carried
A member of the Bear Lake News Board asked for more information concerning this item.
The June meeting of the Village Council indicates that a request was made by the USDA and Rural Development that the Village amend the Budget to reflect the monthly loan repayment for the new DPW building. I would like to formally request copies of any and all documents sent to the Village by the USDA and Rural Development regarding this matter.
This was the response:
From: “Cindi McPherson, Clerk” <email@example.com>
Date: July 14, 2017 at 2:12:43 PM EDT
Subject: Re: FOIA – USDA AND RURAL DEVELOPMENT LOAN LETTER RE: BUDGET AMENDMENTI received a call from AES which stated we needed to show repayment of the loan for the DPW building in our budget. There were no documents involved.
- “At the request of the USDA & Rural Development, repayment of loan for construction of new DPW building (approx.. $310k over 30 yrs.) must be amended into the 2017- 2018 Village Budget. Loan repayment per month approx.. $1,225-$1500)▪ Motion to amend the budget for repayment of DPW building in 2017-2018 Budget as follows: General $1,800, Water $7,200, Park $1,800, Major $3,600, Minor $3,600, by Bass, seconded by McPherson. Motion Carried
Yays: Bass, Evans, Johnson. McPherson, Ronning, Schroeder, Bair
Under Michigan Freedom of Information Act Public Act 563 of 2014:
Please tell us, when did discussions commence regarding this loan? When was this discussed at a public meeting? As this intends to place an escrow and commit the General Fund does this require a published Notice of Intent? Does this loan require a renegotiation of the Qualifying Statement to authorize exceeding the Village debt to revenue ratio?
No response was received other than that already posted here REVISED FOIA Request Response Letter (2)
Here are the proposed construction plans: