The Fayette village council meeting was canceled Monday due to a lack of quorum and might be rescheduled this week.
At a committee of whole meeting March 14, village administrator Amy Metz reviewed a proposed agreement for an expansion project at the TRW plant.
The agreement calls for the creation of 24 new jobs at the factory and for the village to provide a 25 percent refund on the income tax created by those jobs. TWR would receive the funds as a credit to the income tax paid to the village.
This would result in the loss of $2,700 in village revenue in each of the next five years. Metz spoke with council members about extending the period of time longer than five years to reduce the annual loss to the village. She recommends that approach in case the village needs to borrow money to complete a paving project along the factory site.
Council has not yet voted on accepting the proposed agreement.
Metz told council about Ohio’s Water/Wastewater Agency Response Network (WARN) that offers “utilities helping utilities” in times of need. By joining WARN, resources could be shared, such as the emergency need for a spare pump.
Aqualine workers came to Fayette recently to search for water line leaks. One was discovered at North Gorham and Gardner.