Council authorizes short-term note for 2017 curb and sidewalk repairs up to $69,100

Fairborn City Council on June 6 adopted Ordinance No. 17-16 authorizing issuance of a short-term bond anticipation note not to exceed $69,100 to pay for property-owner portions of curb, sidewalk and driveway approach repairs estimated for 2017.

Finance Director Randy Groves said property owners were notified of the necessary repairs and given two options: hire a contractor and complete repairs by July 29 or let the City complete them and be billed. He said any unpaid amounts will be assessed against the property and collected over five years and that the estimate of required city-financed repairs is less than $69,100. Council waived the three-reading rule and approved the ordinance unanimously.

Staff will issue the short-term note to cover the costs of repairs not undertaken by property owners and bill property owners accordingly.