Plymouth Township Moves Forward With Plan to Issue 1.9 Million Capital Improvement Bond

Plymouth Township has taken the next step in its plan to borrow 1.9 million in capital improvement bonds to finance improvements that have been set aside the last few years. 

Board members voted 5-2 during a special meeting on Tuesday to approve the resolution to publish a notice of intent to issue the capital improvement bonds. Trustees Bob Doroshewitz and Chuck Curmi cast the dissenting votes.

Doroshewitz wanted to postpone approving the resolution until the next board meeting on May 14. 

"What I found most disappointing was that the bond package itself came as a surprise to the trustees," Doroshewitz said. "It appeared in our board packet when they were sent to us electronically on Friday...There was no opportunity to process it , discuss it or to really consider if it was viable or not. Now we're presented with this large bond - almost $2 million in debt for these projects, some that are wish list projects, and I think that was inappropriate for us to proceed that way."

The proposed projects include improvements to parks, the golf course and water and sewer. 

Reaume said there will be more discussion on the projects. 

"It's not like voting to spend the money today," Supervisor Richard Reaume said of the vote. "It provides 45 days to study this. And also the intent was to borrow up to or a maximum of - that sets the ceiling. The floor could be $1, the ceiling can only be $1.9 million."

The township must wait 45 days after the public notice is published before issuance of the bonds. The township plans to borrow the $1.9 million without an election by voters.

Plymouth Township residents can request an election by voters if they obtain a petition signed by at least 10 percent of the township's registered voters and file it with the clerk within the 45 day period. 

For more information on the capital improvement projects, take a look at Tuesday's special meeting board packet on the township website.