TIPP CITY — At their last meeting of 2015, the Tipp City council said goodbye to two members, approved a collective bargaining agreement, issued bond notes.
Council recognized Mike McDermott for his service on council and Dee Gillis for her years as a council member and as mayor.
Mayor Pat Hale presented the outgoing council members with plaques thanking them for their service to the council and to the people of Tipp City.
“Thank you to all the citizens of Tipp City for allowing me to serve you,” Gillis said. “It’s been humbling, it’s been uplifting, it’s been frustrating at times, it’s been satisfying and rewarding.”
McDermott also thanked the residents for the opportunity to serve the community and thanked city staff for all their hard work.
“I’ve been blessed to serve the past four years,” he said.
Carrie Arblaster and Tom Merritt will join council in January. The meeting was also the conclusion of Joe Gibson’s term as council president and Hale’s term as mayor.
Council voted to approve a collective bargaining agreement with the American Federation of State, County, and Municipal Employees (AFSCME).
The three year agreement includes a 2.5 percent increase in all wage rates in 2015-2017.
Council approved the rollover of bond anticipation notes in an amount not to exceed $5,335,000 for a period of one year. The ordinance re-issues notes that were originally issued between 2005 and 2013 for projects including the Main Street streetscape project.
The city previously planned to issue long term bonds in 2011, but low interest rates on short term debt are currently attractive at 1 percent, Finance Director John Green said.
Council also issued notes in the amount of $700,000 for the completion of the Roselyn subdivision water and sewer line replacement project. The project has been bid multiple times, but the city has received a competitive bid that will allow the project to move forward in 2016.
Council also voted to increase the compensation for the clerk of council, Janice Bates, to $150 per week. Bates receives this compensation in addition to her salary as executive secretary to the city manager.