On the Beat in Bluffton

Tuesday, December 6, 2011

CEDIT funds distribution for 2011

Ossian Town Council member Josh Barkley and Wells County Economic Director Mike Row asked the county commissioners Monday for CEDIT funds to help with the industrial park's water main extension, but commissioners said most of the funds had already been allocated.

The following shows what funds were directed to in 2011.
  1. Payment of $240,000 into the Courthouse Capital Improvement Fund for Courthouse renovation, which will be funded with a fractional amount of the certified distribution to the County from the County Economic Development Income Tax.
  2. Payment of $10,000 for the removal of log jams, which will be funded with a fractional amount of the certified distribution to the County from the County Economic Development Income Tax.
  3. Payment of $20,000 for document imaging, which will be funded with a fractional amount of the certified distribution to the County from the County Economic Development Income Tax.
  4. Payment of $20,000 towards the County’s computer system for continuing upgrades with this amount being funded from a fractional amount of the certified distribution to the County from the County Economic Development Income Tax.
  5. Payment of $85,000 into the Wells County Chamber of Commerce, with the same being funded by a fractional amount of the certified distribution to the County from the County Economic Development Income Tax.
  6. Payment of $139,650 to Ziolkowski Construction for Courthouse masonry upgrades from a fractional amount of the certified distribution to the County from the County Economic Development Income Tax.
  7. 7. Payment of $408,000.00 to Wells County Highway Department for completion of Bridge 59 from a fractional amount of the certified distribution to the County from the County Economic Development Income Tax.
  8. 8. Payment of the balance of the CEDIT funds, or $458,800.00 into the Capital Development Fund, with the same being funded by a fractional amount of the certified distribution to the County from the County Economic Development Income Tax. Also any funds remaining after the above distribution.
The state has approved the following amounts for various entities in Wells County to spend next year.
  • Wells County — $632,301
  • Bluffton — $333,223
  • Zanesville — $3,275
  • Markle — $24,631
  • Ossian — $62,665
  • Poneto — $3,846
  • Uniondale — $2,544
  • Vera Cruz — $342

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