The city of Powell has taken advantage of low interest rates and the city’s Standard & Poor’s ‘AAA’ bond rating to refinance portions of the city’s debt, reducing the debt service by more than $8.8 million over the life of the bonds.
This bond refinancing will reduce both the interest paid on the debt and reduce the term of the debt issues. The city sold the bonds using a competitive bid process receiving seven bids with the winning bid resulting in an all-in interest cost of 1.05 percent, drastically lower than the current debt that was outstanding at over 3 percent.
The Powell Police Department has been an accredited police agency since 2002 through the Commission on Accreditation for Law Enforcement Agencies, Inc. (CALEA). In 2020, the Police Department went through the assessment process and was awarded with the Advanced Accreditation for Law Enforcement with Excellence during CALEA’s virtual hearing on Friday, March 26.
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of Powell by Government Finance Officers Association of the United States and Canada (GFOA) for its comprehensive annual financial report. The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.
The City of Powell is partnering with Columbus-based Saperstein Associates to conduct the Powell Community Attitude Survey.
Powell City Council unanimously approved a resolution that will place an income tax restructuring proposal before Powell voters during the Primary Election on Tuesday, May 4, 2021.
City Council is seeking candidates who are interested in serving the community in the newly created Community Diversity Advisory Committee.
This eight-member commission provides input to City Council on policy and processes which promote diversity and inclusion to ensure that the City of Powell is a community in which all individuals are welcome and included. All candidates must be a resident of, or representative of a business, within the City of Powell.
Rumpke will collect Christmas trees for disposal during regularly scheduled trash pick-up for City of Powell residents. Trees more than four feet tall must be cut in half, and all pieces of the tree must then be tied together for collection. Trees should not be placed in plastic bags and should be free from all decorations. Residents should place the tree by the curb with regular trash for collection.
Powell City Council approved the extension of the Designated Outdoor Refreshment Area (DORA) program through the remainder of the year during the last Operations Committee meeting. The DORA will be held from 4-10 p.m. Fridays and 11 a.m.-10 p.m. Saturdays and Sundays through Sunday, Dec. 27.
The Powell Police Department and Liberty Township / Powell Fire Department are hosting the annual Community Bonfire from 6-8 p.m. this Saturday, Oct. 3 in Village Green Park, 47 Hall Street. This is a free event. Please consider registering in advance here: https://www.eventbrite.com/e/powell-community-bonfire-tickets-122587894693 Due to COVID-19, this year’s event experience will be slightly different. Guests Continue reading…
The first-ever Powell Designated Outdoor Refreshment Area (DORA) is being planned for noon-9 p.m. Saturday, June 27 and Sunday, June 28 in downtown Powell. A final map and list of participating businesses will be shared closer to the date of the event.
