T-Town Village Board Passes Water Bond Ordinance
Published on September 5 2013 12:28 pm
Last Updated on September 5 2013 12:28 pm
Written by Greg Sapp
Teutopolis village board members have passed an ordinance authorizing the issuance of up to $1.75 million in waterworks revenue bonds. The revenue generated will pay for construction of a water transmission line from Newton to Teutopolis as an alternative water source for the village.
The water line project is estimated to cost $1.6 million.
The Board also passed the tax levy for the fiscal year. The levy seeks $281,845 in revenue.
Board members approved a subdivision plat of land owned by Jerry Heuerman and James Heuerman. The Heuermans plan to subdivide property outside the village limits north and east of Teutopolis, but within the village's 1-1/2 mile extra-territorial zoning jurisdiction.
The village board also purchased a backhoe from Burkey's in Mattoon for $60,000.