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Elyria to issue $16.8 million in bonds

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ELYRIA — The city will save more than $691,000 by calling in water and sewer bonds from 2014 and issuing new bonds to pay off the old, finance director Ted Pileski told City Council on Monday.

City Council approved the plan, while also authorizing more than $1.7 million in bonds to purchase equipment for the city’s police and sanitation departments and to assist in stormwater management.

Pileski said “we’re trying to save some money” — $697,311, he said — by issuing short-term bonds worth $16.8 million to refund the debt savings charges on bonds issued in June 2014.

The bonds Council approved for issuing Monday included:

  • $800,000 to purchase packer trucks, recycling trucks, containers and equipment for the city Sanitation Department.
  • $500,000 for improvements to the city’s stormwater management system through the construction and improvement of storm sewers and stormwater retention facilities.
  • $400,000 for purchasing a multi-agency radio communications system, or MARCS, for the Elyria Police Department.

In other business

Council had its first reading of two ordinances that will come up for public hearings at its May 6 meeting.

The first ordinance was to approve the rezoning of property on Schaden Road owned by Muzilla Properties from a professional office district designation, or POD, to light industrial, or L-I, so it can be put to use for that purpose.

The 19,000-square-foot building at 41333 Schaden Road is 80 percent warehouse space and 20 percent office space. Previously owned by Mercy Health, Muzilla Properties bought the building when Mercy decided not to demolish it and expand its cancer center at 41202 Schaden Road, a representative said previously.

The second ordinance, which if passed after the public hearing and a third reading, will issue a conditional use permit to Tyllin LLC and Dale Yost Construction to build 48 units of cluster housing on a 6.9-acre parcel at Cornell Avenue and South Logan Street, next to the former Eastgate Elementary School.

The owner-occupied homes are expected to range in cost from $149,000 to $159,000 if approved, according to Yost Construction.

The city’s Planning Commission and City Council’s Community Development Committee backed both the plans and recommended Council do the same.

Also on the recommendation of the Community Development Committee, Council unanimously approved placing nearly 161 acres of farmland owned by the Grobe family into an agricultural district.

The land is south of Leo Bullock Parkway and east of Murray Ridge Road on the city’s west side. Allen Grobe, of Grobe Realty and Grobe Fruit Farms, previously told the committee that the agricultural district designation will prevent his family from being required to pay special assessments for utility work in the event of future development in the area, as well as protect them from nuisance lawsuits.

Contact Dave O’Brien at (440) 329-7129 or do’brien@chroniclet.com. Follow him at @daveobrienCT on Twitter.


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