Chesterton Tribune

 

 

Favorable interest rate for long term control plan loan

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By KEVIN NEVERS

The Town of Chesterton has formally closed on a $3,621,000 loan from the State Revolving Fund, to finance Phase I of the Utilityís long term control plan to reduce sewage bypasses into the Little Calumet River.

At the Town Councilís meeting Monday night, Associate Town Attorney Julie Paulson reported that a ďvery favorableĒ interest rate was obtained for the loan: 1.75 percent--versus the typical going rate now of 3.5 percent--which, when amortized over the loanís lifetime will save more than $812,000.

The total estimated cost of the long term control plan, mandated by the U.S. Environmental Protection Agency: $14.9 million. The main component of the plan: a 1.2-million gallon storage tank into which stormwater-diluted wastewater will be diverted and kept until the treatment plant has had a chance to catch up during heavy rains.

The total cost of Phase I: $2,315,828, which is around $125,072 under budget. Phase I includes upgrades to the treatment plant, some sewer rehabilitation, and certain lift station electrical upgrades.

Three Vacations Granted

In other business, members agreed to vacate three portions of unimproved Lincoln Ave., granting the petitions of Eugene Engles of 401 S. 18th St., William Gravel of 402 S. Jackson Blvd., and Dan Shook of 328 S. 18th St.

Members formally voted 4-0 on first reading to approve each vacation ordinance, 4-0 to suspend the rules, then 4-0 to approve each ordinance on final reading. Member Jim Ton, R-5th, was not in attendance.

At public hearings which preceded the votes, no one spoke in favor of any of three petitions and no one spoke in opposition.

Each vacation was granted with the understanding that three petitioners would preserve utility easements already in existence. Gravel wanted to know if he can build a fence on the vacated right-of-way. He was told that he could but that he would assume the risk of its potentially having to be razed should the town need to access the easement. No permanent structures of any kind, however, may be built on any easement.

Sidewalk Waiver

Members also voted 4-0 to grant the petition of Bruce Wilson and waive the Town Standard requiring a sidewalk in front of all new construction. Wilson is having a driveway built at his home at 109 E. Westchester Court, but the construction will require the demolition of the existing sidewalk, the only sidewalk in fact in that cul-de-sac.

The sidewalk has been there for something like 100 years, Wilson said, itís sunken, and itís in disrepair.

Department heads had no concerns about granting the waiver.

 

 

Posted 6/27/2013