Council to call $239K in letters of credit
The Versailles City Council Tuesday voted unanimously to call two letters of credit with a local bank totaling $239,560 that the city signed for infrastructure work in the Wooldridge Gardens subdivision. "All of the work that was bonded still needs to be done," said Assistant Public Works Director Paul Simmons, adding that more than $250,000 worth of work needs to be done there. The city no longer signs letters of credit, instead using bonds to help guarantee that lights, sidewalks and water and sewer lines are finished by developers. Council Member Ann Miller asked if the developer had told Simmons what was going on there. He said Citizens Commerce National Bank, from which the city will seek the money, had repossessed the lots and sold them. After the meeting, Mayor Brian Traugott said the deal could cost the city between $10,000 and $15,000. Historical Society The council got an update on fundraising and other developments at the Woodford County Historical Society from the group's new board chair. Sally Graul thanked the council for the $4,000 it sent the council in February to fix roofing problems on the nearly two century-old building, which was an addition to the fiscal 2017 appropriation of $2,000. The building, at 121 Rose Hill Avenue, was built in 1818 as Big Spring Church, and for more than 50 years has served as a library and museum for historical records, photographs and other items. Graul said in recent years, the board has had to delay needed capital projects ranging from a new heating and air conditioning system to new carpeting and trim painting. Graul said the group has a goal of raising $15,000 to meet those and other needs. Council Member Mike Coleman said a fundraising effort in conjunction with the Voices of Versailles Facebook page has already raised $2,200, and Graul said a donor has offered a $3,000 match. Graul did not ask the council for money for fiscal 2018, which begins July 1, but after the meeting, Traugott said he would put $2,000 in his proposed budget for the society. Gary C. Jones Gymnasium Traugott said while the Falling Springs Arts and Recreation Center was on county property, he believed it appropriate that the council verbally endorse Woodford Fiscal Court's decision last week to name the gym for Gary Jones. The resolution to do so was unanimous. "I never heard a bad word out of his mouth about anybody," Traugott said of Jones, who served one term on the council and, among his many community efforts, led the drive to build the Falling Springs Center. Assistant Fire Chief The council heard first reading of an ordinance to create the position of assistant fire chief. Among that person's duties are helping the chief plan, organize, train, direct, coordinate and evaluate the activities of all firefighters. Quotes The council unanimously accepted the low bid of Powell Farm Construction, LLC, of Versailles, for roof stabilization in the fluoride room of the city water plant. The council also unanimously voted to accept the low bid of Bone Dry Roofing, Inc., of $5,425 for a new roof on the garage at the city's wastewater treatment plant. The deal includes a 20-year warranty. Municipal Road Aid The council unanimously voted to authorize Traugott to sign a Municipal Road Aid Cooperative Program deal with the state that will bring $169,281.61 in state fuel taxes to the city.