OTTOVILLE — The Village of Ottoville held its monthly council meeting Monday night and addressed an array of business matters.
In an effort to increase village revenue, council studied comparable sewer rates from the villages of Continental and Kalida and entertained the possibility of assessing an additional 25 cents per 1,000 gallons of water, raising the current price from $4.25 to $4.50.
At this time, the current quarterly rates include $12 for sewer, $10 for water and $66 for water delivery. If the proposed increase takes effect, it would generate approximately $8,000 in additional revenue for the village per year.
In fiscal news, council approved the motion to transfer $50,000 from the general fund into the street construction fund.
Mayor Ron Miller reported that the first phase of the installation of 16 new LED street lights and four meters has been completed. The plan is to track the kilowatt usage of the lights and determine the energy cost savings, or return on investment (ROI). After six months, the village should have acquired sufficient data to analyze the system’s energy efficiency.
“By fall, we should have an accurate reading on our savings,” Miller emphasized. “Purchase of additional lights may be slated later and hinges on the budget .”
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