West Mifflin building action proceeds
West Mifflin council on Tuesday voted to seek proposals from would-be purchasers of the borough's administrative building on Lebanon Church Road and took action to help pay for the move into a new municipal building.
Council authorized Solicitor Phil DiLucente to draw up the request for proposals, and approved $14.28 million in new bonds.
• $4.09 million in Series A bond to go toward new municipal headquarters in the former Trumbull Corp. offices along Lebanon Road and other capital work.
• $1.94 million in Series B bonds to refund the borough's 2007A series at a savings of $108,000.
• $8.25 million in Series C bonds to help the borough catch up on pension obligations and reduce future obligations.
“It is an obligation the borough already owes,” borough manager Brian Kamauf said. “The minimum municipal obligation is $1.35 million this year and would be $1.36 million in the next.”
The borough had 67 percent-funded pension plans. Kamauf said the bonds bring it up to 100 percent while lowering the minimum municipal obligation to $670,000 a year.
Series A and B are tax-exempt, with Series A being callable in five years. The 20-year Series C's yields are taxable.
The bonds come with a new rating from Standard & Poor's. James McCarthy, Pittsburgh-based vice president of public finance investment banking for PiperJaffray, told council S&P upgraded the borough's rating from A to A-plus.
Kamauf said the borough anticipates adding $172,000 to its debt service with the Series A bonds and leases that bring an annual income of $360,000 at the new building.
Kamauf said the borough conservatively anticipates a reduction of $20,000 to $30,000 in costs for moving the police from the station along Greensprings Avenue.
• Recalling the fifth of 12 public works employees who were furloughed two years ago;
• Hiring Michael Caterino as a part-time IT technician and purchasing a computer server from CDW-G for $11,359.50 under a state COSTARS contract;
• Renewing UPMC Healthcare policies effective Dec. 1;
• A site plan by KAG Engineering for a secondary access road from Route 885 onto the Community College of Allegheny County South Campus;
• An agreement with West Mifflin Area School District for a public access cable TV channel.
Patrick Cloonan is a staff writer for Trib Total Media. He can be reached at 412-664-9161, ext. 1967, or firstname.lastname@example.org.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Suspect in Glassport man’s shooting death put on house arrest
- Elizabeth Forward school board takes out $6.55M loan as precaution
- Model train exhibit raises funds for McKeesport club
- Elizabeth council OKs Act 537 resolution for municipal authority
- Port Vue maintains millage rate in proposed 2016 budget
- Man injured in 2-alarm house fire in McKeesport
- Clairton City School District wins award for its anti-hunger efforts
- Salvation Army kettle drive about to kick into high gear in Western Pennsylvania
- Jamie Holmes, UMPC McKeesport’s Bondi recognized as Cancer Care Champions at gala
- Munhall considers 1.3-mill tax hike to balance budget
- Milling start delayed for Forward’s Pangburn Hollow Road