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Nelson Trustees Look To Reduce Expenditures

Nelson Township – The Nelson Township Trustees met for their regularly-scheduled meeting last Wednesday with all trustees and fiscal officer in attendance.  The meeting was moved to the community house due to lack of heat at the maintenance building. The trustees stated that the fuel line that runs from the tank to the maintenance building was plugged with salt and need to be flushed out. Until it was completed, they were unable to use the heating system at the maintenance building. Currently, they were using an alternative heat source to keep the pipes from freezing.
The first item on the agenda was to open the sealed bids for replacement doors and windows at the community house.  The window bids ranged from $12,940 – $22,515 and door bids ranged from $5,980-$ 13,900. After some discussion the trustees decided they would table a decision on the bids until they discussed bids with their architect. This decision was based on the fact that the bids were as one trustees stated “All over the place.”
The trustees then discussed the option of possibility renting fuel tanks from Western Reserve. The fuel tanks woulc be  to replace the ones the township uses now to refuel equipment. The current ones are not compliant with the new codes and the cost to upgrade the old ones is out of reach for the township right now. The agreement with Western Reserve would include tank maintenance, changing filters and nozzles. They decided to postpone any decision on this matter until next month, due to a very tight budget.
Speaking of money, Trustee Leonard said he is looking into refinancing the mortgage or trying to prepay the loan on the township garage. After further investigation he discovered that there is a possibility of refinancing or paying down the current mortgage without penalties.  Currently, the township loan is structured so that out of the $21,626 paid annually  $8,000 is applied to the principal and while also paying $13,626 in interest. Leonard was sure he could find a method that would save the township money. Trustee Turos stated that they didn’t have extra money to pay down the loan and when they looked at this issue before, the local banks would only go 15 years, they would need 30 years like the current loan. Turos also stated there was a concern that doing this would bring the township funds too low. The fiscal officer stated that they have $1000 in the debt reduction fund that could be used toward prepaying the mortgage. Trustee Leonard said he will keep looking into the issue to see if he can find a way to save the township money. In other cost-cutting measures, Trustee Wilson has elected to take Medicare Part B rather than the township’s medical insurance. The township will pay Wilson $150 per month to cover his $150 reduction in Social Security benefits each month. This is expected to save the township approximately $12,000 a year. Since there was no other business to discuss the trustees closed out the 2010 year.
They opened the 2011 organizational meeting and on the agenda was choosing a chairman of the board, establishing a meeting date, employee evaluations and making  temporary appropriations.  The board voted Joe Leonard to serve as chairman of the board. They also set the meeting dates as the first and third Wednesday of each month at 7:30 pm at the maintenance building. The trustees went into executive session to discuss employee evaluations, salaries and benefit packages.  The trustees returned from executive session and, there being no further business, the meeting was adjourned.

Nelson Township – The Nelson Township Trustees met for their regularly-scheduled meeting last Wednesday with all trustees and fiscal officer in attendance.  The meeting was moved to the community house due to lack of heat at the maintenance building. The trustees stated that the fuel line that runs from the tank to the maintenance building was plugged with salt and need to be flushed out. Until it was completed, they were unable to use the heating system at the maintenance building. Currently, they were using an alternative heat source to keep the pipes from freezing. The first item on the agenda was to open the sealed bids for replacement doors and windows at the community house.  The window bids ranged from $12,940 – $22,515 and door bids ranged from $5,980-$ 13,900. After some discussion the trustees decided they would table a decision on the bids until they discussed bids with their architect. This decision was based on the fact that the bids were as one trustees stated “All over the place.”  The trustees then discussed the option of possibility renting fuel tanks from Western Reserve. The fuel tanks woulc be  to replace the ones the township uses now to refuel equipment. The current ones are not compliant with the new codes and the cost to upgrade the old ones is out of reach for the township right now. The agreement with Western Reserve would include tank maintenance, changing filters and nozzles. They decided to postpone any decision on this matter until next month, due to a very tight budget. Speaking of money, Trustee Leonard said he is looking into refinancing the mortgage or trying to prepay the loan on the township garage. After further investigation he discovered that there is a possibility of refinancing or paying down the current mortgage without penalties.  Currently, the township loan is structured so that out of the $21,626 paid annually  $8,000 is applied to the principal and while also paying $13,626 in interest. Leonard was sure he could find a method that would save the township money. Trustee Turos stated that they didn’t have extra money to pay down the loan and when they looked at this issue before, the local banks would only go 15 years, they would need 30 years like the current loan. Turos also stated there was a concern that doing this would bring the township funds too low. The fiscal officer stated that they have $1000 in the debt reduction fund that could be used toward prepaying the mortgage. Trustee Leonard said he will keep looking into the issue to see if he can find a way to save the township money. In other cost-cutting measures, Trustee Wilson has elected to take Medicare Part B rather than the township’s medical insurance. The township will pay Wilson $150 per month to cover his $150 reduction in Social Security benefits each month. This is expected to save the township approximately $12,000 a year. Since there was no other business to discuss the trustees closed out the 2010 year. They opened the 2011 organizational meeting and on the agenda was choosing a chairman of the board, establishing a meeting date, employee evaluations and making  temporary appropriations.  The board voted Joe Leonard to serve as chairman of the board. They also set the meeting dates as the first and third Wednesday of each month at 7:30 pm at the maintenance building. The trustees went into executive session to discuss employee evaluations, salaries and benefit packages.  The trustees returned from executive session and, there being no further business, the meeting was adjourned.

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