Coplay council OKs new $1.8 million bond issue
Coplay Borough Council voted unanimously to approve a new bond issue at its regular meeting April 10.
The new note is a $1.8 million general obligation bond. Funds from the loan will be used to pay off an existing obligation, purchase a new firetruck and fund soft costs for a proposed new municipal building.
The ordinance established a sinking fund for the bond obligation. A sinking fund requires the borough to set aside money for the repayment of the debt.
Borough Engineer Daniel Witczak, of Acela Engineering, updated council on the status of the Saylor Park project. The pre-bid meeting is scheduled for April 17, and bids are due back to the borough April 27.
“We believe this schedule will allow us to get the project started as soon as weather allows,” he said.
Council is pushing to have the park underway, so it can be dedicated during the borough’s 150th celebration in 2019.
Work on the Front Street sewer project will resume at the end of April. The project was scheduled for completion before the onset of winter. Problem soils and undetected issues led to a series of unscheduled delays. The remaining work is primarily finishing work. Problems have been corrected over the monthslong delay.
Witczak reported UGI is working in the Hokendauqua area replacing underground gas lines.
There is a previously planned stormwater project at Second and Chestnut streets. Council awarded the bid to Charles D. Herman Inc. There were five bidders on the project. The bids were within guidelines set by the engineer.
A measure to grant waivers to DVS Enterprises for a multiunit apartment project on Second Street was put on hold while the developer and the borough work out details of the proposal.
The project is near the Ironton Rail Trail and across from a similar apartment project.
Councilman Stephen Burker reported that camera coverage around the pool is expanded for this season.
“We had an incident last year that highlighted the need for better coverage. The new setup will eliminate all the blind spots,” he said.
Burker also reported that the borough received a note of appreciation from Ian O’Connor of ESPN for the Saquon Barkley Day parade.
“He said that it is not often that we (ESPN) see such a well-organized event in a small town. He thanked everyone who made it such a special day,” Burker said.
Burker reported that American Legion and Coplay Sports reached an agreement to remove a temporary fence between ball fields. Council reinforced the agreement by making it mandatory that the fence be removed by April 15. If the fence is not removed, public works employees will remove the fence and charge both organizations.