I'am happy to report that the Lynchburg Village Government is up to date on paying it's long term and short term debt. At the first of the month the first half of the years long term debt payment, for capital improvements on past water and sewer projects was payed totaling more than $80,000. After all operations and monthly invoices were payed, the fund balances were still in the black. They were very close, and money is still very tight, however it is looking like things are getting better. On the current course, I sincerely believe that monthly utility invoices on the local wastewater, sewer, should decrease drastically in the next 5 years.
The Council and myself discussed the EPA,s request to guarantee the upcoming long term debt for the phase one and two of the current capital improvements at the wastewater treatment facility. The Council did decide to start a process to assess certain properties affected by the upgrades. Many scenarios were looked at, for instances, not doing anything, adding the amount to the current monthly utilities invoice, pay off the debt,add an income tax, assessment to certain properties.
Burgess and Niple was chosen as the Engineering firm for phase two of the sewer plant project. This project is being fast tracked, due to the fact that Lynchburg will be receiving stimulus and other grant monies
The project plans for phase one and two are at the Municipal Building, along with the contracts, for anyone's review.
The Council passed the first comprehensive plan in the history of Lynchburg. This plan has been more than a year in the making. It is also available for review.
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