The city of Chillicothe plans to spend just over $1 million from its Capital Improvements Sales Tax Fund during its 2013-14 budget year.
Council members conducted a public hearing Monday night as part of the budget process to consider distribution of money from the Capital Improvement Sales Tax Fund.
Among items for consideration were allocations for Chilli Bay Water Park, the bowling center, the airport state block grant for land acquisition, and funds concerning the old prison property.
The largest expenditure on the list is a $396,435 payment for the new water park, followed by the second-to-last payment for the bowling center, and the first of four $250,000 payments for the old prison property. Also in the fund is $65,000 for the airport state block grant.
The pool project, which will be completed this spring, is expected to be paid off in the 2022-23 budget year. As for the bowling center, the city plans to pay $330,555 this year, and make the final payment of $243,976, in budget year 2014-15.
City Administrator Ike Holland stated that the buildings of the old prison site on Third Street have been cleared of hazardous materials, and that the city is awaiting reports concerning soil tests and underground fuel tanks.
The city expects to end 2013-14 with a balance of $847,287 in the Capital Improvement Sales Tax Fund, based on sales tax revenues of $774,388. In the fund summary, City Auditor Theresa Kelly projected sales tax revenues to remain constant, with no increase or decrease for the next 11 years. After dropping to a fund balance low of $467,475 in 2016-17 (when the final $250,000 is expected to be made for the old prison site), the fund is expected to gradually increase to nearly $3.5 million by the end of 2024-25.
Also Monday, the council approved several bids:
• MFA Oil Company for bulk fuel regular, unleaded, and diesel fuel, and associated services required by vehicles used by the police, fire, ambulance, golf course, street, and parks department;
• Missouri Mobile Concrete for the city sidewalk improvement program;
• Schneiter's Lawn and Snow Service for mowing services.
Also Monday, the council confirmed the mayor's appointment of Jon Cole to the city's Planning and Zoning Board.
The council also approved contracts with the Greater Area Visitors Bureau and Grand River Entertainment for the use of Shaffer Memorial Park.
Mayor Haney presided over Monday night's meeting with the full council present.