Town hall bill's now all paid off

Sherrie Taylor/GateHouse News Service

A question on the Feb. 2 primary ballot will ask Henry County residents to approve a Henry County Courthouse Renovation referendum, with the tax being one-fourth of 1 percent.

Representatives of the committee for the referendum, Byron Carlson and Jerry Meyer, explained the need for the funds and provided information at the Woodhull Village Board meeting on Jan. 11.

In other business:

*Village board members approved investing $75,000 from the motor fuel tax in a certificate of deposit to generate additional funds, setting aside $30,000 to $35,000 for repairs this spring and summer. The MFT fund balance is $105,277.

Street Superintendent Wayne Mileham is making plans for significant repairs to North Division Street when funds are adequate.

Trustee Troy Nimrick will verify the interest rates provided by area banks regarding this investment. The funds will be invested for the highest rate possible.

The board approved the final town hall payment of $19,785, due by mid-February.

“It’s hard to believe we’re already paying this off,” Mayor Dave Holmes said.

The building was constructed with a Woodhull Telephone Company donation of $120,000, about half the cost, Holmes said. The balance of the cost was shared by the village and township.