Granville moves forward with bond‑anticipation notes for water‑main repairs and service‑department complex

5777168 · July 16, 2025

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Summary

The council held public hearings on two ordinances authorizing the issuance of notes not to exceed $1.7 million and $800,000 for water-main repairs and a service-department complex; the council approved the emergency designation for one ordinance to meet financing deadlines.

The Village of Granville held public hearings on ordinances 11-2025 and 12-2025 that would authorize issuance of bond-anticipation notes to finance capital work. Ordinance 11-2025 would authorize notes not to exceed $1,700,000 to help pay for replacing or repairing water mains and service lines. Ordinance 12-2025 would authorize notes not to exceed $800,000 for constructing a service-department complex.

Village staff explained the ordinances and the need to act promptly. Carrie, a village official, said the council was considering an emergency designation for timing reasons: "We're doing it as an emergency because we're trying to line up the due dates," she told the council during the hearing. The public hearing on each ordinance was held and then closed without public opposition.

Council members voted on the emergency designation for the water-main ordinance and recorded affirmative roll-call votes. Staff said the emergency timing was intended to allow the village to meet financing schedules for anticipated bond issuance and related closing tasks. The council also opened the hearing for the service-department complex ordinance and closed public comment; further action on final issuance and any related steps will follow statutory notice and adoption procedures.

Council members asked staff clarifying questions about timing and the administrative steps required for issuing notes and bonds. Village staff said they would follow the code's public-notice requirements and return to council with final adoption language and any necessary emergency motions for the second ordinance.