Council approves $6.58 million BANs to fund water and sewer projects
September 23, 2026 | Fairborn, Greene County, Ohio
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Fairborn City Council unanimously adopted Ordinance No. 2-18 on Jan. 16, authorizing the issuance of up to $6,579,000 in bond anticipation notes to cover three water and sewer projects.
"This Ordinance covers three Water and Sewer projects that we issued notes for in the past," Finance Director Randy Groves said, identifying the Northwest Force Main and Lift Station construction ($2,788,900), the Mad River raw water line construction ($1,915,100) and the water meter system upgrade ($1,875,000). The council waived additional readings, and City Solicitor Mike Mayer read the ordinance by title prior to the vote.
No members of the public spoke during the brief hearing and Councilwoman Donna Wilson moved to adopt the ordinance; the motion passed 7–0. The City did not provide a timetable in the meeting record for converting the BANs to long-term bonds; Groves said those decisions depend on project completion and bond-market conditions.
"This Ordinance covers three Water and Sewer projects that we issued notes for in the past," Finance Director Randy Groves said, identifying the Northwest Force Main and Lift Station construction ($2,788,900), the Mad River raw water line construction ($1,915,100) and the water meter system upgrade ($1,875,000). The council waived additional readings, and City Solicitor Mike Mayer read the ordinance by title prior to the vote.
No members of the public spoke during the brief hearing and Councilwoman Donna Wilson moved to adopt the ordinance; the motion passed 7–0. The City did not provide a timetable in the meeting record for converting the BANs to long-term bonds; Groves said those decisions depend on project completion and bond-market conditions.
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