To prepare for the potential purchase of the water wholesaler, the town council unanimously approved allowing Elder to draft a purchase agreement. The letter is designed to show Indiana Rural Membership Water Corp. negotiations are ongoing, but does not obligate the town to purchase the water company.
“If the town does move forward with the purchase of the water company we would ensure that the town would recover the debt which is owed for past water service,” Elder added.
It was recently discovered that Riverside Water Company has an outstanding debt owed to Sellersburg of more than $300,000.
It is anticipated that the reports will be returned before the council’s next meeting. A decision on purchasing the water company is likely to be made at that meeting. There is no meeting on the fourth Monday of May, as it is the Memorial Day holiday. The council’s next meeting is scheduled for Monday, June 10.
WATER TANK WORK
Work on the town’s two water tanks has begun, and is expected to be in full swing late this week.
Caldwelll Tanks is refurbishing both of Sellersburg’s water towers at a cost of $578,500. The cost to paint the downtown water tower is $319,600 and the cost to paint a water tower off of Ind. 60 is $258,900, which includes the town’s name to be painted on the tanks in black lettering. The towers are being painted white.
But Town Councilman Brian Meyer again expressed a desire to see something besides plain block lettering painted on the tanks.
“I want to do something with our water tanks that is pleasing to the eye, and black lettering is not what I’m wanting,” he said.
One option presented Monday was to paint a Sellersburg logo in blue and orange on the water tower with the phrase “town of opportunity” below the town’s name.