Danville Town Council approves bond for water treatment plant

Compiled by Peg McRoy Glover

The Danville Town Council met July 7. These meetings can be viewed on the town’s YouTube channel. The council meets at 7 p.m. the first and third Wednesdays of each month at Danville Town Hall, 49 N. Wayne St. The next scheduled meeting is July 21.

The council approved the acquisition of a $1.8 million bond anticipation note. The bond will help pay for the building of a new water treatment plant and other projects associated with the plant. This bond will be outstanding for a year and a half.

A year ago a master plan was created to address the town’s current and future water needs. It was determined then that the town needs new wells, a new water treatment plant and a new water storage tank. This anticipation bond will initiate the process for plant construction and associated projects. The total final cost is estimated at $18 million.

The property at 567 N. CR 300 E was also annexed to the town. This property has a single-family home on 2.93 acres. The petitioner is Lennar Homes of Indiana.

This is the final parcel of land for a planned unit development by Lennar Homes. Lennar has two developments, The Kensington and Four Oaks, to the west of this property. Kensington has 273 homesites, and Four Oaks has 220.