The following is a summary of agenda item decisions from the Dec. 10 Town Council meeting.
During Monday's meeting of the Coventry Town Council, sewer usage fees were increased from the current rate of $1.55 per cubic foot to $2.83 per cubic foot. Town Manager Tom Hoover explained that the increase in user fees may be offset by an ordinance to reduce the interest rate on the amortization of sewer assessments. “By reducing the interest rate from eight percent to six percent there will be a 17 percent savings to users,” he said. Discussion of the proposed interest rate reduction ordinance was set aside for a public hearing at the Jan. 14 meeting of the Town Council. Pension Plan Position Council members approved 3 to 1, that the Town of Coventry's position regarding the Coventry Teachers' Association/School Related Personnel…
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Town of Coventry - Town Hall
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More than 200 Coventry school employees attended Monday's meeting in support of their underfunded pension plan.
Prior to the start of Monday's Town Council meeting, upwards of 200 Coventry School Department employees and union members stood outside of Town Hall holding picket signs in support of the Coventry Teachers' Alliance/School Related Personnel (CTA/SRP) Pension Plan. Once the meeting began, in order to comply with the Town Hall Chambers' capacity, many members of the crowd were asked to listen to the meeting from the building's lobby. According to Town Manager Tom Hoover, the "Coventry School Employees Pension Plan and Trust", is approximately $24 million underfunded and the State Auditor General has asked the Town of Coventry to provide an individual position on the matter in regards to liability. According to the Council's resolution, …
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Town of Coventry - Town Hall
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coventry voter-Jay
12:07 pm on Monday, February 18, 2013
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