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Download: Music Center and Aquatic Center financing projection

By:
Tom_McMasters
Downloads:
43,513
Added:
8th September 2013

…at tell us how much principle is still owed.  We know that they spent about $12,000,000 so far on the Recreational Center Complex. If the city got an interest rate of 2.75% in June then this $560,000 a year would be able to pay off about $9,200,000.  If the city got an interest rate of 3% in June then this $560,000 a year would be able to pay off about $9,000,000.  If they got an interest rate of 3.…

News: Huber Heights fully committed to Music Center

Council voted to authorize the $12 million contract for the Music Center Building Package on Monday.  To date there has been no public discussion that shows council members have seen or understand the financial impact to the city.  The Music Center Validation study available here at HuberResidents.org has not be published by the city and the content raises concerns about the operation and revenue expectation.

News: Reducing traffic congestion on Old Troy Pike

  
Some Ideas for imporving traffic flow you might suggest once your council decides it is important enough to start the planning:

How about connecting the access road that runs in front of Gander Mtn over to Bridgewater Rd.  This is only about 1/2 mile.  A half mile of road cost about $1.25 million dollars.  This would allow some Huber and Vandalia residents to access businesses in the North Heights Plaza while avioding the area around the interstate interchange.






It would not be impossible to improve Wildcat road to include a bridge over the interstate.  The bridge would be expensive but the I-70 TIF is a big fundraiser and with more development there is the possibility of more funds. 




 

News: Raise Council Pay by 560%!

This Monday Council will vote themselves a pay raise.  Though I believe these council members are grossly overpaid for the quality of work they perform, I argue that they are not raising it enough to pay for the quality we need. 

In what range should we set pay for a city council member?  First, I will address my friend and city podcaster, Matt Truman’s contention that dedicated public servants

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